Life Insurance

At Ware Insurance of Texas, we want you to enjoy life insurance protection because everyone deserves the peace of mind that life insurance offers their family.

You may have a life insurance policy through your employer, but you can add to it. You can own more than one life insurance policy.

Ware Insurance offers both term and whole life policies. The difference between those two types lies in the length of coverage. You pay monthly or quarterly premiums for either insurance type.

With the term, your policy lasts for a period of time, typically 10, 20, or 30 years. If you die during that time, the policy pays a death benefit to your beneficiary.

With a whole life policy, your premium payments provide you with coverage at any age. Whether you die five years after its purchase or 50 years after, the policy provides a death benefit to your named beneficiary as long as you continue to make the payments.

Typically, insurance agents counsel purchasers to buy a term policy in their 20s. These cost less in premiums, and you can invest the savings on premiums or place them in a high-yield savings account.

In your late 30s to early 40s, you’d transition to whole life coverage. Whole life provides a wide array of choices in policies. You can obtain a whole life policy with an attached savings or investment account. Other insurance options begin with a larger premium payment when you’re younger and employed while transitioning to full retirement.

Let Ware Insurance of Texas help you obtain it regardless of which option you choose. Our friendly, helpful insurance agents can assist you in selecting the right coverage for your age, marital status, and job situation. Call or email us today for more information on obtaining the right life insurance.