Page 38 - AAA Magazine – AAA Ohio Auto Club – September 2018

Insurance you need from the name you trust.
We've partnered with top-rated auto, home and life insurance companies to take the hassle out of making smart choices. Trust us to help create an insurance plan that gives you the peace of mind to focus on the important things in life.
Call for your free insurance quote:
866- 419-3300 AAA.com
What Kind of Life Insurance Should You Buy?
The most basic feature of a life insurance policy is the death benefit, the lump-sum payment your beneficiaries would receive if you
die. It’s the core reason to own life insurance, but it’s not the only one. Some types of insurance offer riders
or other features that can play an important role in your financial strategy.
Term insurance
Term life insurance provides protection for a specific period of time and is designed for temporary circumstances. It makes the most sense when your need for coverage will disappear at some point, like when your children graduate from college or a debt is paid off. Term insurance offers the greatest amount of coverage for the lowest initial premium and is a good choice
for young families or those on a
tight budget.
Permanent insurance
Permanent insurance offers lifelong protection and can accumulate cash value on a tax-deferred basis. The downside? Initial premiums are considerably higher than what you’d pay for a term policy with the same face amount. However, permanent insurance offers unique features, including access to cash, flexibility
in paying premiums, tax advantages, guaranteed coverage and stable premiums.
Request a life insurance quote online at AAA.com or call 800-288-4467 to speak with an agent.
ALWAYS WITH YOU
36 | AAA MAGAZINE
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