Life Insurance in Fresno
Professional Benefits Team Inc is Fresno’s leading life insurance broker. We help families, individuals, and employers shop the most competitive deals on the market. We help you stay financially stable, no matter what comes your way. Whether you’re looking to save money on an existing policy or take out a new one, rest assured: Our team has you covered.
To schedule a consultation, give us a call at (559) 275-7706 today.
Book An AppointmentHow Can You Benefit From Life Insurance?
Life insurance provides crucial financial protection for your loved ones. In the event of your passing, it ensures that your dependents and beneficiaries receive financial support to cover living expenses, education costs, and other financial obligations. This support helps them maintain their standard of living and prevents them from facing financial hardship during an already difficult time.
Life insurance can cover funeral and burial expenses, alleviating the financial burden on your family and allowing them to focus on grieving and healing. In an age where the average funeral costs upwards of several thousand dollars, life insurance makes all the difference.
Another significant benefit of life insurance is debt coverage. Most individuals pass away without having fully paid off outstanding debts. Life insurance can help pay off outstanding debts such as mortgages, car loans, or credit card balances. This prevents your loved ones from having to deal with these financial responsibilities, ensuring they don’t inherit your debts.
By securing life insurance, you create a safety net that provides your family with financial stability and peace of mind, knowing they will be taken care of in your absence.
Professional Benefits Team Inc: Our Life Insurance Services
Our insurance agents are here to help you navigate the complexities of life insurance and ensure you find the best coverage for your needs. Our dedicated agents are here to provide personalized support and expert guidance every step of the way.
Our life insurance services include:
- Personalized consultations: With us, expect one-on-one meetings where our agents assess your needs and recommend the best life insurance options.
- Needs assessment: We perform a comprehensive evaluation of your financial situation, family obligations, and long-term goals to determine the appropriate coverage amount.
- Policy comparison: We offer detailed comparisons of various life insurance policies to help you choose the most suitable plan.
- Application assistance: We provide step-by-step guidance through the application process to ensure accuracy and completeness.
A Complete Suite of Life Insurance Policy Options
Here at Professional Benefits Team Inc, we believe everyone should be able to know their options and see what insurance plans are available to them. When you choose us, we’ll walk you through your options, compare different policies, and weigh the advantages of them. We’ll help you find the right plan for you and your loved ones.
Different insurance providers will have different policies. That said, there are two main types of life insurance from which you can choose:
- Term life insurance
Term life insurance tends to be the most affordable life insurance policy. It’s very flexible in terms of both timeline and contribution amounts. You can purchase this type of life insurance at a fixed rate.
- Whole life insurance
Whole life insurance is long-lasting and permanent, providing coverage through your entire life span. It never expires, but it also tends to be more expensive.
Other types of life insurance plans include senior life insurance, universal life insurance, and variable life insurance. Once our brokers get an understanding of your unique needs and circumstances, we will find you a plan that maximizes your investment and provides ultimate protection.
Which Insurance Policy Is Right for You?
There are a lot of life insurance policies available to you. Finding the right one takes a little bit of work, but we’re more than happy to help you. First, we assess your needs by reflecting on your long-term financial objectives, such as paying off debt, funding your children’s education, or ensuring income replacement for your family.
During consultations, we help you consider your financial responsibilities towards your dependents and how much support they would need in your absence. We also help you determine the length of time you need coverage, whether it's for a specific period, such as until your mortgage is paid off, or lifelong coverage.
We’ll evaluate your budget to see how much you can comfortably afford to pay in premiums without straining your finances. We’ll consider your current financial situation and take into account any future changes in income or expenses. There is no reason that a life insurance policy should strip you of your quality of life, so we’ll make sure that the cost of your life insurance policy fits within your overall financial plan.
Life Insurance Explained
Life insurance is a contract or policy made between an individual and an insurance company in which, upon purchase, the company promises to pay claims in the event of the purchaser’s death.
The claim, also known as a death benefit, will go toward paying for final expenses, paying off debts such as mortgages, fulfilling educational responsibilities, and supporting loved ones.
Life insurance is especially important if the insured has any dependents.
When to Purchase Life Insurance
Although younger people may not feel the need to purchase life insurance, life insurance can be a beneficial investment at any stage in life. The younger you are at the time of purchase, the less expensive it is.
Some of the more common reasons that people may purchase life insurance are:
- To provide financial support to dependents in the case of death
- To ensure that funeral and burial costs are covered
- To ensure that family is not burdened with outstanding debts when you die
- To help cover estate taxes
- To diversify your investments in retirement
Professional Benefits Team Inc: Fresno’s Leading Life Insurance Broker
Get in Touch Today
A life insurance policy is not something you want to purchase without careful research and consultation. That’s what we’re here for. We’re here to inform you, educate you, and help you navigate your many options for life insurance. We’ll give you everything you need to make the right choice for you and those you care about.
To get started, be sure to contact us and book a consultation today.