Life Insurance

Safeguard your family’s future with the right life insurance policy. Serving Homer and all of Alaska.

Don’t leave the future of your loved ones to chance. Having the right life insurance is pivotal in planning for the future of you and your loved ones. Life insurance can help you fulfill promises you’ve made to your family when you are gone.

Homer Insurance Center can help you find the right life insurance policy for you and help ensure that your policy continually meets your needs. Contact us today to get started.

Life Changes — So Should Your Policy

The right life insurance policy will be unique for you and dependent on your personal and financial needs.

As your life changes, your life insurance coverage may need to change in order to adapt to your current needs.

Some life transformations that may require a policy tune-up? include the following:

• You recently married or divorced
• You have a new child or grandchild
• You have opened or expanded a business
• Your health or your spouse’s health has deteriorated
• You are providing care or financial assistance to a parent
• Your child or grandchild requires assistance or long-term care
• You recently purchased a new home
• You are planning for a child or grandchild’s education
• You are concerned about retirement income
• You have refinanced your home mortgage in the past six months
• You or your spouse recently received an inheritance
• You have a sizable estate

Common Types of Life Insurance

There are several different types of life insurance policies available — the most common include the following:

• Term Life Insurance
  Term life insurance provides protection for a specified period of time. If you do not currently have life insurance, term can be a good place to start. It’s generally less expensive than whole life insurance, and is available in varying time periods with fixed premiums from a one-year (annual renewable term) to 20-year (level term) period. Furthermore, term life insurance is sometimes convertible to permanent coverage, providing you with flexibility as your needs change.

So what type of life insurance is best for you? Talk with the team at Homer Insurance Center today at 907-235-3881. We can assist in identifying the best protection for you.

Advantages of Life Insurance

Not only can life insurance provide assurance for your family after you are gone, many life insurance options offer other benefits and investment opportunities you can take advantage of while you are living.

Advantages of the life insurance death benefit: When you pass away, your life insurance provides income tax-free money to your named beneficiary or beneficiaries that can be used to pay funeral expenses, debt, tuition, estate taxes or virtually any financial need. Your policy can help provide security for your business as well, by enabling partners to buy out the interests of a deceased partner and prevent a forced liquidation.

The right life insurance coverage for each and every one of our neighbors in Homer is unique — talk with the Homer Insurance Center team today to find out how to protect your family and your future with the right life insurance.