Term life insurance – Term life is what is known as a temporary insurance policy or short term life insurance because it only runs over a set amount of time that in the grand scheme of things is seen as the short term.
You will pay a periodic premium to ensure that if you are to die or become seriously ill in the time that the policy is in force you, or your estate/surviving partner, will be paid out a pre-determined sum of money known as the sum assured/death benefit. You can hire a long-term care insurance agency in Seattle online and buy life insurance policy.
Today, there are quite a few policies that allow the insured person to receive care in the setting of their choice. This could be at home, in an assisted living facility, adult day care center or nursing home.
The advantages of planning ahead and purchasing the insurance at a younger age include cheaper premiums, younger buyers are more likely to be in a healthy condition to qualify for coverage, and the family’s finances will be protected, as the policy will help to cover the costs of care.
Shopping for life insurance policy has changed recently. And the change is dramatic. Just within the past year or so, a technological breakthrough has occurred. IT wasn’t an accident. Consumers invented it for consumers. And they kept it free so everyone can take advantage of it.