In addition to the emotional strain caused by the death of a loved one, many families also face financial difficulties when they experience the loss of their primary earner.
Life insurance helps families recuperate from the loss of an income by guaranteeing a cash payout upon the passing of an insured individual. Policyholders can choose from whole life, term life, universal life, and variable life insurance policies, depending on their needs.
An O’Rourke Insurance agent can help you choose a financially responsible policy that will help secure your family if something were to happen to you.
Call us at 401-781-1719 to learn more about our life insurance options below:
Whole Life Insurance
Whole life insurance is a plan that pays a set amount to the insured’s beneficiary and pays out an accumulated cash value.
Term Life Insurance
Term life insurance provides a benefit to beneficiaries if the insured passes away during a specific term.
Universal life provides a payout to beneficiaries, and contains certain limits by the insurer. Insured individuals can vary their premium payment.
Variable life insurance policies provide families with a cash payout, but this type of policy is tied to managed investments.