If you are a San Antonio, TX resident, have you considered what would happen to your family in the event of your passing? Perhaps you feel overwhelmed, but you don’t have to go through this alone. LeapFrog Insurance is here to help you choose suitable life insurance options to fulfill your needs.

Why is life insurance important?

Life insurance helps to secure your loved one’s financial situation should the unthinkable happen. It’s a simple concept where you agree to pay a monthly or yearly premium. In exchange, the insurance company guarantees to pay a lump sum of money to your beneficiaries upon your passing. This payout can help alleviate the financial stress of funeral expenses and outstanding debts and support your family during this difficult time.

Term Life Insurance

If you’re looking for an affordable option, consider term life insurance. This type of policy provides coverage for a specific term, usually between 10 and 30 years. It’s an excellent option for those needing coverage for a temporary period, such as families with young children or individuals with a mortgage.

Whole Life Insurance

As the name suggests, whole life insurance provides coverage for the entirety of your life. It’s a more expensive option, but it comes with benefits such as a guaranteed death benefit and the potential to earn cash value over time. It’s a good fit for those who want lifelong coverage and are willing to pay a higher premium.

Universal Life Insurance

This type of policy allows you to adjust the premium and death benefit as your needs change throughout your life. It’s a good fit for individuals with evolving financial needs, such as those who are self-employed or expect changes in income.

LeapFrog Insurance can assist you with all of your n San Antonio, TX, life insurance needs. Contact us today to discuss your options and get a personalized quote.