Life Insurance

Life insurance can be a very wise investment for your family in the unfortunate event that something were to happen that prevented you from providing for your family. How much would your family struggle if you were not around to provide financial support? Your mortgage, a child’s college education or other debts can be taken care of with a life insurance policy. F& S Insurance Services has been helping people in Lakewood, Littleton, Arvada and through out Denver find the perfect life insurance policy. Let us help give you and your family the peace of mind that no matter what life throws your way, they will be covered financially.
There are two  major types of life insurance: term life and whole life. Each has its advantages, so let us help you decide which type is best for your individual needs.
With term life insurance, the main characteristic is that they provide life insurance coverage for a specific term. You have the choice to select anything between one to thirty years. With term life insurance, the coverage amount selected will be payable to your beneficiaries in the event of your death. Term life insurance is considered one of the least expensive ways to financially protect your family in the event of your passing. One important thing to keep in mind when considering a term life insurance policy is that the premium amount can go up over time.
Whole life insurance works a little differently in that it’s a very simple form of life insurance. It features lifelong protection with a set premium price, death benefit, and cash value. It will cover your entire life span, not just a specific period like term insurance. Your death benefit and premium will remain the same throughout the policy, and it can also build up cash value. The cash value is tax-deferred until you decide to withdrawal it. You also have the option to borrow against it in the event you need additional funds for an emergency. Whole life insurance tends to be more expensive than term life insurance, but it also provides more options and a wider variety of benefits.
While life insurance isn’t for everyone, it is smart to at least consider purchasing a policy and speaking with an expert to see if it is right for you. If you have a family or other people who are dependent on your income and financial support, it’s an easy way to know that they will be covered if something were to happen to you. Our life insurance experts can help show you your options so that way you can make an informed decision on whether or not life insurance is right for you, and which policy will suit your needs best.
You can get started by getting a free life insurance quote using our Life Quote tool.