Life Insurance Loan Application

Life Insurance

When you’re considering investing in life insurance, FCACU is here to help. We not only provide you with the financial services of a bank, but we also offer life insurance services to help you find the best policy for you and your loved ones in Fort Worth.

What Is the Purpose of Life Insurance?

Perhaps one of the most important questions that people ask themselves before investing in life insurance is what is the purpose of life insurance? Life insurance is designed to offer the beneficiaries of the policy a sum of money when the policy holder dies. Life insurance is supposed to help pay for the policy holder’s financial expenses, as well as help provide the family some sort of financial support following their loved one’s death.

There are various types of life insurance policies, and each are designed with different premiums and payments. The three basic types of life insurance policies include the following:

  • Non-participating whole life insurance
  • Participating whole life insurance
  • Level premium whole life insurance

Life Insurance Quotes from FCACU

People considering getting life insurance must get a life insurance quotation. First Class American Credit Union staff will take the time to sit down and listen to your needs, then we’ll direct you to the best life insurance provider for your situation. Some life insurance policies cost more than others, but we’ll help you find the policy that is best suited for your budget. Don’t stress and go without the life insurance protection that can give you the peace of mind that you and your family need. If you’re interested in taking advantage of our financial services at FCACU, contact us today!

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