When choosing a life insurance that fits your goals, needs, budget, and life style, Freedom life Insurance offers both of the main types that most people consider. Though life insurance provides security to most people just because they have it, it’s also important to consider the type of coverage that you need, and what will be the most beneficial to you and your family members. The choice you make may differ at different parts of your life and depending on several different factors. Freedom Life Insurance can help you and your family feel protected regardless of your circumstance by offering both, here are some tips to help you decide which type of Freedom Life Insurance is the right one for you. Visit USHEALTH Group to know more.
The two main types are permanent and term policies, there is also a third type, it has some of the characteristics of both types and is called convertible.
The type called permanent is, as it sounds, the kind of life insurance you would buy with the intention of it providing coverage for the rest of your life, from now until you die. One of the benefits to this is the lowered payment amounts, especially if you purchase the insurance at an earlier age and have no expectation of dying outside of accidental in the near future. This is life-long coverage. There is another benefit to this type of coverage, the savings value that grows over time. As you make payments and time passes without the need to use the coverage, this kind of insurance grows a savings value that can be borrowed against in the event you need to at some point during the policy. This can be a life saver for someone with less than perfect credit in a time of financial distress.
The other kind, or term life insurance, is better used in specific time periods that require coverage, for example, coverage on the kids until they finish school and move on to college. This is also useful when large amounts of insurance are needed for a smaller fee as the coverage is only for a specific time frame. This type of policy doesn’t grow a savings benefit. Check more: https://www.crunchbase.com/organization/ushealth-group#/entity
US Health Group is an organization that offers a variety of health plans to fit the health needs of individuals as well as families. In addition, US Health Group is headquartered out of Fort Worth Texas. The company is currently affiliated with the Freedom Life Insurance Company of America. US Health has over four decades of providing affordable health care services that provide security and peace of mind to their customers.
US Health offers insurance that is targeted toward treating specific diseases such as Kidney and Liver dysfunction. In addition, the company offers a variety of Accident Insurance plans for men, women as well as minor children.
Troy McQuagge is the CEO of US Health Group. He has been with the organization for seven years. Mr. McQuagge has over three decades of experience within the insurance ad health care industry. Troy McQuagge began his career working for Allstate Insurance Company- Life Insurance Division. Allstate provided McQuagge with a strong foundation and understanding of the insurance business. He did exceptionally well during his tenure with Allstate. Troy McQuagge managed to exceed sales quotas within the Life Sales Division within the first 14 months of employment.
*Corporate Officers/ CEO:
Troy McQuagge graduated from the University of Central Florida with a Degree in Business Finance. In addition, Mr. McQuagge is licensed to sell Life Insurance Products and Financial related services. McQuagge was awarded the 2017 Gold Standard of Excellence Award for recognition of performance of required duties as CEO of the company.
US Health also offers Premier Vision Service as well as Dental Services. Their Secure Advantage Insurance coverage provides affordable insurance coverage while at work, home and when traveling. The Secure Advantage coverage is one of the most popular forms of coverage that US Health currently offers. Portable Insurance coverage is a new product that is also gaining considerable notoriety.
Please visit www.ushealthgroup.com. US Health Group gives customers the advantage of receiving on line quotes through their web site. The web site is updated on a daily basis. Latest company news and product information can also be found on the web site.
A good life insurance program is one of the most important things that you can establish for you and your family. You can get a good company such as the Freedom Life Insurance Company to help you with the planning.
Life insurance can be set up for pennies on the dollar when it comes to the establishment of a death benefit. Term life insurance is very inexpensive for the most part and lots of coverage can be set up for a very modest price. Although term life coverage is temporary in the sense that it will only last for a time of 10, 15, 20 or 30 years, it will provide a death benefit for as much as ten times your annual income for a very modest price.
Permanent life insurance, on the other hand, provides coverage for the rest of your life, or until age 100. The premiums on permanent life coverage, or whole life, as it is also called remain level as opposed to term, which can increase over the years. Permanent life insurance coverage also has a cash value that accumulates from the inside of the policy. The cash value is a reserve that offsets the increased mortality risk of a person getting older each year, thus the price of the policy can remain the same as when the policy is started.
The Freedom Life Insurance Company offers both kinds of life insurance coverage. When you get to the point where you are planning your life insurance, both kinds of life insurance will most likely be used. The term coverage to place lots of death benefit in force to protect your mortgage, provide college funds, and a replacement of income should you die prematurely is recommended. Also the cash accumulation of the cash values in the policy will come in handy for college funds and retirement.
Your Freedom Life Insurance agent is an expert at showing you just how to complete your life insurance planning so that it will fit your budget and provide the needed coverage at the same time. Life insurance when it is properly put in place with the correct planning to fit your needs will always pay off more than you put into the policy. Read more: https://www.corporationwiki.com/Texas/Fort-Worth/freedom-life-insurance-company-of-america-3543239.aspx