Life Insurance

Life Insurance

Our specialists are the answer you're looking for if you need life insurance in North Texas. By looking over your unique situation, we'll help you with selecting the best option for you. Contact us now to take the necessary steps toward a more secure future.

What Is Life Insurance?

In a life insurance policy, an agreement is made between a customer and an insurance agency. The insurance company agrees pays a lump sum to a beneficiary in the event of the policyholder's death in return for regular payments, or premium.

Term, Whole & Universal Life Insurance

Term life insurance means the owner of the policy is only required to pay for a specified time period, and the benefit to your heirs only lasts for a certain time.

In contrast, whole and universal life insurance are both guaranteed for the entire duration of the owner's life. These forms of life insurance offer easy access to funds and provide tax-advantaged wealth growth.

Each type offers benefits. To learn which life insurance solution will work for you, speak with our insurance professionals.

How Does Life Insurance Compare to Other Investment Options?

Depending on our financial circumstance, there will be pros and cons to every investment plan. The most important thing to think about is selecting an experienced financial professional who will consider each case individually.

Who Needs Life Insurance?

Everybody needs life insurance coverage! It doesn't matter if you are 26 or 76; you have a need for this important financial product.

Why Should You Purchase Life Insurance?

  • Remove the responsibility of paying for funeral costs from your family members.
  • Pay for college tuition, utility bills, groceries, and other costs of living.
  • Pay off mortgages and other debts.

These are only some of the reasons why you should buy life insurance. Contact a life insurance professional at Lake Point to learn more about your options.

Request a Consultation!

It is important to feel you have control over your future. At Lake Point Advisory Group, we offer our experience and knowledge to help you design your own strategy for financial independence.

By providing your contact information, you may be offered information regarding the purchase of insurance and investment products.