McDowell Insurance and Financial Services is in the business of protecting you and your family. It is impossible to know what lies around the corner, and at some point in time, you will pass away. That may be a discouraging thought, but death is something no one can escape. The question is: “Are you prepared?” Have you considered what would happen to your family if you were to suddenly become ill or die in a tragic accident? We have, and our life insurance solutions are here to make sure they can continue to live in your family home, drive your new car, keep the lights on, pay for college, and maintain the family traditions you have established over a lifetime. An unexpected death brings an immense feeling of loss. Don”t risk your family losing their lifestyle and security as well.
Start Protecting Your Family Today
It has never been easier to buy a life insurance policy than it is today. At McDowell Insurance and Financial Services, our agents can visit you at work or at home to complete the process. There is no need to deal with an 800# or to take time off work to see us. As former teachers, we know how busy your schedule is and are here to make protecting your family as easy as possible. To schedule an appointment with one of our Inman, South Carolina agents, call (864) 285-4939 or email Scott.McDowell@horacemann.com.
Types of Life Insurance Policies
When buying life insurance, you can select from two main policy types: term life and whole life. Many younger people start out purchasing term life because it tends to be less costly. With this policy, you are insured for the face value until the term is up, as long as you make the premium payments. For example, you could take out a policy for $100,000 when you are 28. Twenty years later, the policy would expire if it goes unused. This makes it an ideal type of insurance to start out with, but you will want to later purchase a longer term life policy or purchase a whole life policy to augment it so you never run out of insurance.
A whole life policy is an excellent solution because it does not have a set expiration date like a term life policy. As long as you continue to make your premium payments, you will be insured. It also serves as an investment vehicle. Your whole life policy can accumulate cash value that you can use as needed. While not a savings account since you need to pay back what you withdraw, you can use it to pay for unexpected medical bills, buy something special, or get you out of a jam. The versatility of a whole life policy makes it a favorite among our Inman, South Carolina clients.
Schedule an Appointment
At McDowell Insurance and Financial Services, we specialize in working with teachers, school employees, and their families. We understand the financial challenges you face, and we are here to help you solve them.
