Life Insurance in Andover, MNGreg Martinson Agency makes finding the best life insurance easy. We compare quotes from dozens of top insurance companies, saving you the hassle of comparison shopping. Contact us to get started.

 

   What does life insurance cover?


Life Insurance provides money to your loved ones in the event that you die prematurely. This money can be used for:

  • Funeral Costs
  • Loss of Income
  • Grieving Time
  • Retirement Planning
  • Costs of Living
  • Paying off Debts
  • Etc.

There are several different types of policies to provide for different needs. It is important to talk to an experienced insurance professional before deciding on a policy.

 

   Policy Types


Term Life

A low-cost policy that lasts for a specified period of time, known as the term. Policy periods typically range from 10-30 years.

Universal Life

A flexible policy that can be structured to last a specified timeframe or until death. It can also include a cash-value component.

Whole Life

A policy that typically pays out at death or age 100, whichever comes first. Whole life also includes a cash-value component that earns interest.

Instant Issue Term Life

A term life policy that can be issued with no medical exams by answering just a few questions.

Return of Premium Term Life

A term life policy that returns the sum of premiums paid to the policy owner at expiration.