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Insurance Close to Home
Your life is busy. You don't have time to travel long distances to get life insurance. Get protection throughout the Weslaco area, with quotes from SafeGuard Insurance Agency. We understand the area. We work with 120 companies. And we are here for you. All you have to do is stop by or give us a call to get the process started.
What Are The Types of Life Insurance?
There are four types of permanent life insurance policies from which you can choose.
Whole or Ordinary Life
This is the most common type of permanent insurance policy. It offers a death benefit along with a savings account. If you pick this type of life insurance policy, you are agreeing to pay a certain amount in premiums on a regular basis for a specific death benefit.
Universal or Adjustable Life
This type of policy offers you more flexibility than whole life insurance. You may be able to increase the death benefit, if you pass a medical examination. The savings vehicle (called a cash value account) generally earns a money market rate of interest. After money has accumulated in your account, you will also have the option of altering your premium payments – providing there is enough money in your account to cover the costs.
Variable Life
This policy combines death protection with a savings account that you can invest in stocks, bonds and money market mutual funds. The value of your policy may grow more quickly, but you also have more risk. If your investments do not perform well, your cash value and death benefit may decrease. Some policies, however, guarantee that your death benefit will not fall below a minimum level.
Variable-Universal Life
If you purchase this type of policy, you get the features of both variable and universal life policies. You have the investment risks and rewards characteristic of variable life insurance, coupled with the ability to adjust your premiums and death benefit that is characteristic of universal life insurance.
Frequently Asked Questions
Learn more about life insurance by exploring the answers to common questions, and then contact us for additional information.
Trusted Agency
From transportation to business, health to life, clients trust us to find the insurance solutions they need. Read our success stories
and contact an agent today to learn more about our ability to customize your quote to your requirements.
Trusted Agency
From transportation to business, health to life, clients trust us to find the insurance solutions they need. Read our success stories
and contact an agent today to learn more about our ability to customize your quote to your requirements.
Insurance Agency You Can Trust
Whether you seek auto, home, life, transportation, or business insurance, or a combination of other insurance options, SafeGuard Insurance Agency provides comprehensive insurance solutions tailored to your unique lifestyle. As an independent full-service agency with various agents and locations across the Valley, we strive to provide you not just with full cover, but also with personalized service every step of the way. Our professional team is always on your side and remains dedicated to finding the best cover for your peace of mind.
