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Life Insurance
Farmers Union Insurance represents several companies that write life
insurance. Our agents have the ability to write term or cash
value insurance. The cash value policy builds up in value while
on the other
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hand
a term policy does not. The plans that build in value are called whole
life, universal life and variable life. A securities license is needed
to sell the variable life plan. This plan invests its money into the
financial markets. Many people purchase the cash value plan so they
can utilize the money invested in later years to supplement their retirement
income, while covering their needs during the earning years. Some People
refer to the two plans as renting (term) or buying (cash value) insurance.
There are a number of term insurance plans available. Typically a 10,
15, 20 or 25 year term is commonly sold, to cover a certain debt or
special need. Term insurance is an easy solution for covering a mortgage,
new vehicle or growing family. Contact one of our agents using the agent
locator from this website to receive additional information about Life
Insurance policies. (