Life insurance in Washington State is a contract between the insured and the insurance company. It is a promise that the company will pay a predetermined amount to the beneficiary in the event of the death of the insured.
A lot of factors go into determining the price of life insurance, including the age and health of the insured. This makes the best time to purchase life insurance when you are young and healthy. Other factors that determine premiums may include lifestyle habits, proportional height and weight, driving records, and type of employment.
Life insurance comes in two basic forms. Term insurance covers the insured for a specified period of time, usually ten or twenty years. Whole life or permanent insurance covers the insured for as long as premiums are paid. Term insurance is usually the less expensive of the two. Whole life insurance will generally build a cash value as time passes.
You want to make sure the person you buy life insurance from is licensed to sell insurance in Washington State. You may also want to compare rates between different companies. Alpine Ridge Insurance Agency is an independent agency and we can do the comparing for you. We can check the rates of multiple companies.
Compare for yourself online, you can get a comparative quote on life insurance from the convenience of any internet connection with no cost or obligation. If you prefer, contact us. Alpine Ridge Insurance Agency located at 336 4th St NE Auburn WA 98002 phone (253-833-9501) is here to assist you. If you are in need of other types of insurance such as Auto Insurance, Home Insurance, Motorcycle Insurance we are also here to assist.