{"id":797,"date":"2021-11-16T04:00:00","date_gmt":"2021-11-16T04:00:00","guid":{"rendered":"https:\/\/www.collinginsurance.com\/blog\/?p=797"},"modified":"2021-11-16T21:36:05","modified_gmt":"2021-11-16T21:36:05","slug":"life-insurance-options","status":"publish","type":"post","link":"https:\/\/www.collinginsurance.com\/blog\/life-insurance-options\/","title":{"rendered":"Life Insurance Options"},"content":{"rendered":"<p>Life insurance is more important than most people realize. It provides security for your loved ones financially when you pass away. They will then have the space to grieve your death without the financial stress that may come with it and the life insurance agents at Colling Insurance Services Inc in Lakewood, CO are prepared to answer any questions you have about life insurance policies.<\/p>\n<p><strong>The Importance of a Life Insurance Policy<\/strong><\/p>\n<p>Life insurance is a very important type of policy to have as it protects your loved ones in the event of your death. It will also give you a sense of peace and comfort in knowing your loved ones will have financial stability when you pass away.<\/p>\n<p><strong>Types of Life Insurance Policies<\/strong><\/p>\n<p>There are three main types of life insurance policies.<\/p>\n<p><strong>Term Life Insurance<\/strong><\/p>\n<p>A term life insurance policy is more strict in the fact that you only have the coverage during the term in which the policy is active. Once the term expires, you will need to purchase another term and your premiums may increase. It is a simple type of life insurance that you get to choose the amount in which the term lasts, from one year to 30 or more years.<\/p>\n<p><strong>Universal Life Insurance<\/strong><\/p>\n<p>Universal life insurance is a very popular type of policy since you can borrow from the policy while you are still alive. This allows you to pay off major bills before you pass away, such as your mortgage and credit cards, so that your loved ones are provided for in the event of your untimely death.<\/p>\n<p><strong>Whole Life Insurance<\/strong><\/p>\n<p>There are three types of whole life insurance policies you can choose from, including universal life, variable universal life, and traditional whole life. Any of these three types are considered permanent life insurance and will pay out a death benefit when you pass away.<\/p>\n<p>To obtain a quote and to decide upon which type of life insurance will work best for you and your loved ones, contact the trusted and experienced life insurance agents at Colling Insurance Services Inc in Lakewood, CO today!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Life insurance is more important than most people realize. It provides security for your loved ones financially when you pass away. They will then have the space to grieve your death without the financial stress that may come with it and the life insurance agents at Colling Insurance Services Inc in Lakewood, CO are prepared [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[470,514,516],"class_list":["post-797","post","type-post","status-publish","format-standard","hentry","category-insurance","tag-colling-insurance-services","tag-inc","tag-lakewood-co"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.9 - aioseo.com -->\n\t<meta name=\"description\" content=\"Life insurance is more important than most people realize. It provides security for your loved ones financially when you pass away. 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