Steiner Insurance Group

2413 Wilcox Dr
Norman, OK 73069

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How Whole Life Insurance Works

When you have family members who depend on you, it’s important to be able to leave something behind for them. A life insurance policy can save your family from falling into financial trouble after you’re gone. When you need life insurance, there are two main types that you can choose from. One of these is term life insurance. The other is whole life. Whole life is a highly popular type of life insurance that comes with a lot of benefits. When shopping for life insurance, call us at Steiner Insurance Group in Nashville, NC. 

Continuous Life Insurance

If you were to get term life insurance, it would be suitable for its specific term and then expire. You would then have to get a new policy. The same is not true for whole life insurance. With this type, it stays good for the rest of your life. Even if you reach an advanced age, the policy will remain in place if you keep making the premium payments. Whole life gives people great peace of mind for this reason. It’s a convenient way to keep a policy and never have to buy another policy. 

Cash Value

Another important benefit that can bring peace of mind is the cash value that the policy accrues over time. Over the years, the policy will build up this value. This amount can be borrowed against any time you need it. This lets you know that you can access that money if you have a financial emergency. This can be a helpful way to protect your finances. 

Get Life Insurance

If you’re interested in whole life insurance, we can help. To learn more about these policies and get started, call us at Steiner Insurance Group in Nashville, NC.

Partner Carriers

  • american-modern
  • cna
  • encompass
  • foremost
  • hagerty
  • kemper
  • mdow
  • mercury
  • northstar
  • progressive
  • safeco
  • statewide-general
  • travelers