Life & Health Insurance
Protect your life and financial assets with reliable insurance coverage.
When you work so hard to provide for your family and save for your children’s education and your own retirement, the last thing you hope for is a change in your personal health circumstances. Although the words ‘accident’, ‘illness’, and ‘death’ are all words that we would rather not see or hear, let alone experience, they are sadly all things that could affect any one of us at any time.
Having life insurance coverage is a must for anyone who wants to ensure that they can support their family in the most difficult of circumstances. Life insurance is designed to cover your family’s finances when you are no longer around to do so. In the event of your death, life insurance benefits can assist your family in affording funeral expenses, remaining debt, daily living expenses, your child’s future college tuition, and even allowing your living spouse to retire on time as planned. Life insurance is a selfless policy that you should consider to protect your family.
Generally, there are two types of life insurance cover to decide between
Term Life Insurance
Covers the policyholder for a determined amount of time, say 10, 20, or 30 years. If the policyholder dies within this time, the death benefit will pay out. If the policyholder does not pass away within this time, no benefit will be paid, and he/she will have the option to renew their policy.
Permanent Life Insurance
Covers the policyholder for their entire life, meaning that death benefits are paid out regardless of when the policyholder died. A great benefit of permanent insurance is that it accumulates a cash value that can be borrowed against, providing families with more financial flexibility.
Health insurance is a must-have in today’s society. Illness and injury can happen to anyone at any time, and health insurance can provide you with the peace of mind that you have financial protection in place when you visit the doctor or hospital. With healthcare plans constantly changing, it’s wise to work with an experienced insurance agent who stays on top of the latest healthcare updates.
Protect yours and your family’s health and financial well-being by securing reliable life insurance and health insurance policies today. When you work with the team at Northeastern Group, you can feel rest assured that you have a team of experts looking out for your best interest.