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Individual Life Insurance

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Individual Life Insurance Provided By Namaste Insurance Agency

Everyone deserves a secure financial future, which is why life insurance is critical. Whether you're just starting out or getting ready to retire, an individual life insurance policy in San Leandro, CA, can help provide financial security for your family if you're no longer there to provide for them.

What is Individual Life Insurance?

Individual life insurance in San Leandro, CA, helps provide security to you or your beneficiaries after you pass away or after a designated period. With a life insurance policy, you can help secure your family’s financial future by paying for college, paying off a mortgage, covering any final expenses or estate taxes, and more.

What are the different types of Individual Life Insurance coverage?

There are four primary life insurance types, each having a place in any sound financial plan. The four variations of life insurance are:

Term Life Insurance – fixed premiums for a fixed period, like 10 or 20 years

Whole Life Insurance – permanent insurance, as long as premiums are paid, with fixed premiums and cash value benefits

Universal Life Insurance – permanent insurance with options to change premiums and death benefits

Variable Life Insurance – similar to Universal Life but with the flexibility to choose investment risks to maximize cash value benefit

The Importance of Individual Life Insurance

Individual life insurance in San Leandro is essential as it protects your family and allows you to leave them a non-taxable amount at the time of death. It can cover your mortgage and loans, such as your car loan. Additionally, your life insurance follows you when you retire and your employer no longer insures you. This insurance will also replace your family income when resources are limited and you are not around, ensuring they can maintain their quality of life.

Once you understand the significance of purchasing life insurance, you must make the appropriate decision. To do this, assess your needs and choose a product suitable for your family with insurance rates that fit within your budget. Contact Namaste Insurance Agency  in San Leandro, CA to learn more about individual life insurance.

Already have Individual Life Insurance? Switching is easy

It might be time to switch insurers whenever your existing insurer's service doesn't meet your needs. For example, it might be time to consider other options if you have poor claims experience or an unexplained rate increase.

If you cancel a previous policy before a new policy is effective, you could run into some serious financial problems.

Contact us today to help you with multiple options to choose from.
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Namaste Insurance Agency

We extend coverage to individuals and businesses in San Leandro, CA and surrounding areas.
Namaste Insurance License no - CA 6001662
enquiry@thenamasteagency.com
(510) 394-9402
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