North Carolina Life Insurance

Create a Lifeline that will Last a Lifetime

Life insurance is there to help provide for the loved ones who depend on you financially, even if you cannot be there for them. The benefits from a policy can be used by your family for final expenses including funeral services.

Without North Carolina life insurance, how will your remaining family members be able to afford a proper burial? More importantly, without your financial contribution, how will their lives continue without having to drastically change their source of income and/or lifestyle?

Your loved ones will be faced with:

  • Mortgage debt
  • All other debt (vehicle, credit cards, etc.)
  • Funeral expenses
  • Future living expenses
  • Future education expenses

Several years ago, a client came into our Aberdeen office to discuss his coverage. Initially he felt as though his money would serve a greater purpose if he deposited it into a savings account or stock market, as opposed to purchasing life insurance. Fortunately, he changed his mind and purchased a policy. Three weeks later he was killed in a tragic automobile accident. His family received benefits from his policy to help ease their financial burden.

Want to know how to save money on your Life Insurance in North Carolina, below is our contact information where you can contact an agent or fill out a quote request form and have them contact at your convenience.

Term Life: More Protection for a Lower Premium

Term life insurance provides coverage for a specific period of time, normally 10, 20 or 30 years. It pays a death benefit if you die within that term. This means you can choose a policy to cover you when you need extra financial protection for example, until the mortgage is paid off or until your youngest child turns 21.

Term life is one of the least expensive ways to buy life insurance, with premiums that stay level for the policy’s term. If you opt to renew your coverage at the end of the term, the premium normally increases at that time. Although term life insurance does not build cash value, some carriers offer policies that can be converted to a permanent life insurance policy. Ask one of our agents about conversion options.

North Carolina life insurance can be inexpensive, especially if purchased early in life or with NC term life insurance. For example, the young man who left behind a family might have paid just $229 per year per $100,000 of protection for a North Carolina term life insurance policy. His wife would have only had to pay $189 per year.

Permanent Life: Features During Your Lifetime

You do not have to die to benefit from your life insurance policy. Unlike term life insurance, permanent life insurance offers you financial flexibility during your lifetime. You have the option to borrow from your policy using its cash value as collateral. Some permanent life policies even allow zero-interest loans after a certain number of years. This accessibility can make your permanent life policy a source of funds if you need extra income, incur a sizable bill, need to pay college tuition, or make a home down payment.

Permanent life insurance comes in several forms to suit different goals, financial circumstances and levels of risk tolerance:

  • Whole Life: Whole life insurance premiums stay the same over the life of the policy. Other features add to its appeal for conservative clients.
  • Universal Life: Universal life (UL) insurance provides a guaranteed death benefit if certain premium levels are met, tax advantages and a provision for loans and partial withdrawals. It also has more flexibility than whole life, with features that let it adapt to changes in the financial marketplace and your personal circumstances.

First Pioneer Insurance - Your North Carolina Life Insurance Specialists

If you are receiving life insurance as an employment benefit, you should consider yourself extremely lucky. Most individuals do not have life insurance. However, if you were to lose your job or switch to another one, your coverage may not continue. Do not risk leaving your family in a compromising financial situation.

At First Pioneer Insurance we understand the importance of protection and the contentment with peace of mind. We have been providing it to customers in North Carolina since 1980.

Complete the Free NC Life Insurance Quote Request form now and let the professionals at First Pioneer Insurance create a lifeline for your family that will last a lifetime.