Life Insurance Peoria AZ
A Life Insurance Policy You Can Afford
At the end of your life, you want to leave your family in a sound financial position. An affordable life insurance policy from The Plemons Group can help you to achieve that goal by covering costs that your family would incur upon your death. Our team of caring life insurance professionals has the knowledge and expertise that you need to identify the policy that is right for you and will achieve your goals.
Let’s discuss your life insurance needs during a free consultation. Call (480) 676-5721 today.

WHY YOU NEED LIFE INSURANCE
Death is an unfortunate reality of life, and one of the most responsible and effective ways to provide for your family after your passing is with a reliable life insurance policy. Life insurance policies can be used to replace the income your family will lose once you are gone, cover funeral costs, cover variable expenses, pay off debts, and eliminate or supplement other expenses. You do not want to leave your family with a financial burden when the power to provide the funds they will need is relatively inexpensive today. Ultimately, life insurance policies allow you the peace of mind in knowing that your family is protected for an affordable rate.
3 TYPES OF LIFE INSURANCE PLANS
The 3 most common forms of life insurance include:
Term Life
Whole Life
Final Expense

ABOUT TERM LIFE INSURANCE
Term Life Insurance policies guarantee a monetary benefit upon the death of the insured person during a specified period of time. Once the specified term of a term life insurance policy ends, the policyholder has the option to renew the policy, revise it into a permanent policy, or terminate it. The sole purpose of a term life policy is to provide the specified cash benefit. There are no additional savings or financial instruments attached to a term life plan. Because there is no added feature or benefit beyond the cash payout, term life insurance plans are usually less expensive than permanent plans.
ABOUT WHOLE LIFE INSURANCE
Whole Life Insurance policies are permanent policies that provide a death benefit, as well as a savings account with the potential to grow over time, with tax-deferred interest. The cash value of a whole life plan is a central component. While the policyholder is living, the value of the plan is a living benefit. The policyholder may draw funds from this accumulating value as either a loan, which will be paid back with interest, or as a deduction from the eventual death benefit.
FINAL EXPENSE INSURANCE
Final expense insurance is designed to cover the costs of final medical bills
and funeral expenses that your family will incur upon your death.
Unlike full life insurance policies, final expense plans cover the basic minimum costs expected for funeral services.
Final expense insurance typically begins at a minimum of $10,000 to $20,000 worth of coverage.
LET’S TALK ABOUT YOUR LIFE INSURANCE
GET YOUR FREE LIFE INSURANCE QUOTE TODAY
Call The Plemons Group at (480) 676-5721 to speak with an agent in Peoria, Arizona about your life insurance needs.