Life Insurance Cape Coral
There will come a time when you should seriously consider getting life insurance in Cape Coral. Life is often unpredictable; with life insurance, Cape Coral residents will not have to worry about their family being burdened with financial worries in the event of their death.
What is Life Insurance? Cape Coral Residents, Listen Up!
Before you buy life insurance in Cape Coral, you should know what it is. Basically, life insurance in Cape Coral is a contract that you make with an insurance company where you will have to pay the insurance company a premium for the duration of your agreed-upon term. In exchange, the Cape Coral company will provide your beneficiary a lump-sum payment, also known as a death benefit, after your death. Death benefits in Cape Coral, Florida are usually income tax-free.
Types of Life Insurance in Cape Coral
The type of life insurance that Cape Coral residents can get depends on their specific goals and needs. There are several kinds of life insurance in Cape Coral that are available to you. Here are just a few of them:
Term Life Insurance in Cape Coral
Term life insurance in Cape Coral is the easiest and most affordable kind of life insurance you can buy. It is set to provide financial protection for a specific period of time, such as 10 or 20 years. Your beneficiaries can only get your death benefits if you die while the term of this life insurance in Cape Coral is in effect.
The premium payment amount stays the same for the entirety of the period of the term life insurance. Cape Coral residents who want to extend the terms of this kind of life insurance in Cape Coral will have to renew it. Term life insurance can be converted to permanent life insurance.
Permanent Life Insurance in Cape Coral
Unlike term life insurance, permanent life insurance in Cape Coral covers you for life. It is permanent and has fixed premium payments, as well as a cash value that accumulates during the length of the policy. The cash value of the permanent life insurance in Cape Coral can function as a savings component and is usually tax-deferred. A portion of the cash value can also be borrowed during the terms of the permanent life insurance. Cape Coral residents who want this kind of life insurance in Cape Coral have to pay higher premiums than those who chose term life insurance.
Universal Life Insurance in Cape Coral
Universal life insurance in Cape Coral is like permanent life insurance. The only difference is that universal life insurance in Cape Coral has flexible policies. This kind of life insurance in Cape Coral allows you to adjust your premium payment amounts depending on your financial situation at the time.
Like permanent life insurance, Cape Coral residents will have to pay higher premiums. However, that is a small price to pay to get all of the benefits that a universal life insurance in Cape Coral, Florida offers. You can use this kind of life insurance as long-term income replacement. With Cape Coral universal life insurance, you will be able to build cash value and get guaranteed death benefits.
Are You Looking for Life Insurance, Cape Coral Resident?
Life insurance in Cape Coral is something that its residents should begin to consider, no matter how old they are. In this day and age, it is much better to be safe than sorry; a life insurance policy, whether it is a term life insurance, a permanent life insurance, or a universal life insurance, will guarantee financial security for both you and your family living in Cape Coral, Florida.
If you are thinking of getting life insurance in Cape Coral, you should go to an insurance company that is reliable. After all, what you are planning and ensuring is your family’s future financial stability. Make sure that the insurance company you are turning to has knowledgeable life insurance agents who will be happy to help you make this momentous decision.
Culbertson Agency: Life Insurance Cape Coral
Insurance is a widely accepted form of risk management that can significantly impact your financial standing. That’s why you should turn to an insurance company that has your best interests in mind.
At Culbertson Agency, we treat our Florida clients the way we want to be treated. This philosophy has allowed us to earn the trust and confidence of our policyholders over the years. In fact, more than 90% of our clients renew their insurance policies with us every year—a shining testament to our hard work, dedication, and sincerity.
About Our Insurance Agency - Life Insurance Cape Coral
Culbertson Agency has locations in Fort Myers and Naples, FL. Our team members have an extensive amount of experience in the insurance industry and display utmost professionalism in every interaction.
We take pride in being one of the fastest growing insurance companies in Florida, attracting more than 300 new clients every month. In addition, our agency has established a stellar reputation in the industry, winning several customer satisfaction and production awards.
Types of Insurance We Provide - Life Insurance Cape Coral
Being a policyholder of life insurance ensures that your loved ones are financially taken care of even after you pass away. We provide two kinds of comprehensive life insurance—term life and permanent life, with each one having distinct advantages. Your premium amount will be computed based on a variety of factors, including your age, gender, and medical history.
Your home is arguably one of the most important assets you can ever have. We provide highly flexible insurance policy options that can be customized depending on your specific needs. Our home insurance rates can range from dwelling and personal property to loss of use and medical payments.
If you are looking for an extensive auto insurance plan, we can certainly provide you with that. We have a wide range of rates, particularly bodily injury liability, property damage liability, uninsured motorist, underinsured motorist, medical payments, personal injury protection, collision, and comprehensive.
Owning a watercraft comes with its fair share of risks, and our goal is to eliminate or, at the very least, minimize them. Similar to our auto insurance policy, our boat insurance plan covers a variety of possible situations. These include accidents, medical payments, equipment and accessories, emergency services, and wreck removal.
With a motorcycle insurance plan, you can cruise down the interstate on your big bike without any worries. On top of the basic coverage, we also offer specific options, such as towing and labor, rental reimbursement, and optional/added equipment. We even offer a wide variety of discounts to certain clients.
ATV and Golf Cart Insurance
We also offer insurance policies for recreational or off-road vehicles. These include golf carts, all-terrain vehicles, dune buggies, jet skis, and motor homes. The coverage details are slightly different from that of our auto insurance policy. Please reach out to us for more details.
Although Southwest Florida is a wonderful place to live in, it is also notorious for tropical storms, hurricanes, and floods. Unfortunately, your home insurance will not cover damages to your home caused by floods. That is why getting flood insurance is a necessity if you live in this region.
If you’re looking for an extra security blanket, we suggest that you apply for our umbrella insurance. This covers damages that you or your dependents may cause when your other policies have maxed out. For instance, if you have been involved in a car accident and your auto insurance coverage has already been exhausted, your umbrella policy will serve as another layer of protection.
Secure Your Financial Future Today - Life Insurance Cape Coral
No matter what your current financial status is, it’s never too late to start getting insurance today. Nothing beats the sense of comfort and security that comes with protecting your most valuable assets—and Culbertson Agency can help you achieve that. Get in touch with us today at 239-210-7700 (Fort Myers office) or 239-210-7710 (Naples office).