Life Insurance Naples
You may have heard of life insurance Naples or thought about getting one for yourself. However, there may be facts about it that are unclear to you. Before you take out a life insurance in Naples, it would be helpful for you to get to know what it is and how it works. This way, you can be sure that you are getting what you exactly need.
What You Need to Know About Life Insurance in Naples
Life insurance in Naples is a form of protection against financial loss that might result from the death of an insured. Having a life insurance in Naples can help you secure your family’s future and financial situation when something unexpected happens. To understand life insurance in Naples further, you must be familiar with these three terms:
Death Benefit of a Life Insurance in Naples: Death benefit is the amount of money that the beneficiaries of an insured will receive upon the death of the latter.
Premium Payment of a Life Insurance in Naples: Premium payment is the amount paid by the insured to the insurer to guarantee that the beneficiaries will receive the benefit of a life insurance in Naples. The amount of premium payment is determined by the insurer based on the age, personal and family medical history, and lifestyle of the insured.
Cash Value of a Life Insurance in Naples: A cash value is a form of savings account that accumulates capital and becomes a living benefit. This is a component of permanent life insurance in Naples.
Common Types of Life Insurance in Naples
Now that you understand the important components of a life insurance in Naples, you should also be able to know the difference between its common types. The varieties of life insurance in Naples depend on their coverage.
Term Life Insurance in Naples: This form of life insurance in Naples provides financial protection for a specific period. Generally, term life insurance in Naples is less expensive than the other varieties. Term life insurance in Naples can replace lost potential income during the working years of an insured. You may use term life insurance in Naples to pay off a mortgage, pay for a family member’s college education, or finance a business.
Universal Life Insurance in Naples: As a permanent life insurance in Naples, universal life insurance offers lifetime coverage. A universal life insurance in Naples is flexible. You can lower or raise your premium payment or coverage amount throughout your lifetime. Because a universal life insurance in Naples provides lifetime coverage, it has higher premium payment than a term insurance. A universal life insurance in Naples can be used as a long-term income replacement or part of a flexible estate planning strategy.
Whole Life Insurance in Naples: This type of life insurance in Naples also provides lifetime coverage and has higher premium payments. A whole life insurance in Naples has a cash value that functions as a savings account and can accumulate tax-deferred over time. If you are planning to preserve wealth that you plan to transfer to your beneficiaries, you can use a whole life insurance in Naples.
Why You Need Life Insurance in Naples
Although the types of life insurance in Naples provide different coverage, they share some common benefits.
- A life insurance in Naples can pay for the final expenses of an insured, including medical bills and funeral costs. It can keep beneficiaries from worrying about finances while grieving the loss of a loved one.
- Parents can invest in a life insurance in Naples to cover their children’s education and other needs. It can also replace lost income in case of an unexpected event.
- A life insurance in Naples can pay off debts like a mortgage to ensure that your family will have a home no matter what happens in the future. In addition, a life insurance in Naples can cover your family’s daily living expenses.
- To avoid risking your assets or retirement funds, you can use a life insurance in Naples to pay for estate taxes. This way, you can be sure that the wealth you acquired will remain secure.
Culbertson Agency: Life Insurance Naples
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 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 Naples
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 Offer - Life Insurance Naples
Life Insurance in Florida
Being a policyholder of life insurance ensures that your loved ones are financially taken care of even after you pass away. We offer 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.
Home Insurance in Florida
Your home is arguably one of the most important assets you can ever have. We offer highly flexible insurance policies that can be customized depending on your specific needs. Our home insurance coverage can range from dwelling and personal property to loss of use and medical payments.
Auto Insurance in Florida
If you are looking for an extensive auto insurance plan, we can certainly provide you with that. We have a wide range of coverage types, particularly bodily injury liability, property damage liability, uninsured motorist, underinsured motorist, medical payments, personal injury protection, collision, and comprehensive.
Boat Insurance in Florida
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.
Motorcycle Insurance in Florida
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 in Florida
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.
Flood Insurance in Florida
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.
Umbrella Insurance in Florida
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 Naples
No matter what your current financial status is, it’s never too late to start getting insurance. 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).