Life Insurance

Life insurance will help protect your loved ones and your legacy.

It’s a fact of life that we aren’t in charge of when we will leave this earth, but we are in charge of securing a good life insurance policy to protect our families future needs or tax liabilities. It can be incredibly reassuring to know that even when you’re not here, the ones you love most will not be strapped with financial burdens.

The options for life insurance may seem very overwhelming, and there’s a good chance you don’t know what to choose. Even if you’ve done a lot of research, you still may doubt your choice – that’s where Preferred Insurance Services comes in to play. Life insurance for Minnesota residents is our passion and even if you don’t know what is right for you, we can help you figure it out. Tell us about yourself, your family and what you hope your policy will cover. Then we will be able to recommend an option for life insurance that will ease your mind. There are a few different types, but these are the two main kinds of coverage:

  • Term life insurance: This coverage lasts for a specific amount of time and rates can change after specific terms expire. They have no equity and do not have cash value.
  • Whole life insurance: This coverage lasts for your whole life, as the name implies. It can build equity and have cash value. The premiums are higher than term life, but can be worth more in the long run.
  • Universal life insurance: This coverage is a permanent program offering flexibility. This coverage can offer low-cost protection while including a  savings element.

As experienced life insurance agents, we are confident that we can create a policy that will make you happy. Call us in Minnesota today at 877-410-3144, and we will provide you with a free quote for life insurance!