At R. Allan Miles Insurance, we are here to make you have the best life insurance to take care of those you love and leave behind. Life insurance is not a necessity, but is more of an “I love you” contract. It’s for the people you love—to make sure they can pay for everything—past, present and future.
We recommend insurance for anyone who has loved ones who depend on them financially. This includes parents, homeowners with a mortgage, business owners and others.
A life insurance policy is a contract with an insurance company. In exchange for premium payments, the insurance company provides a lump-sum payment.
Like it or not, death is inevitable. Why not be prepared so your loved ones have less burden when you pass.
Reasons For Having Coverage
- Cover burial and other final expenses
- Help replace lost wages
- Transfer wealth
- Help pay off the mortgage
- Supplement retirement income
- Pay for estate taxes or create estate liquidity
- Provide funds for college education
Life Insurance Options
There are few options in life insurance. We recommend purchasing insurance for where you want to be in 25-30 years.
Permanent: This policy is forever and has a cash value accumulation feature that grows over time, similar to a savings account. It is more expensive, but provides more definite coverage.
Term: A temporary policy planned geared toward younger people. It covers you for a period of time, usually 10, 20 or 30 years. Most people outlive this coverage.
Let the experts at R. Allan Miles Insurance guide you in selecting the type and amount of coverage that is best for your and your family. We are available to answer all your questions whatever your story.
Contact us today for your professional consultation and free quote.