Life Insurance & Permanent Life Insurance
Protection for Every Stage of Life
* Areas served will vary by plan.
It doesn’t matter if you are early in your career in Crystal Lake, IL, have kids, or are nearing retirement; having life insurance is an important way to help take care of your loved ones if something happens to you. At Medicare and Prescription Services, we can help to explain the benefits of having life insurance as part of your planning strategy and can help you determine what kind of life insurance is best, as well as how much you should have. Having plans for your life is good, but what happens when those plans get interrupted with a tragedy? Life insurance is a way to help pick up the pieces and forge ahead for those left behind. Talk with our experienced team today about protecting your loved ones.
Understanding Your Options
When it comes to life insurance, most plans fall into one of two categories: term life insurance and permanent life insurance. Term life insurance offers the protection you desire, but it is for a limited term. The length of the term can vary, but it is usually recommended that you get the longest term possible, usually at least 20 years, and often more. Permanent life insurance, on the other hand, remains in force for your lifetime as long as you continue to pay the premiums.
How to Choose the Right Coverage for Your Needs
What life insurance option is right for you? For many, the lower cost of term insurance fits the bill and their budget; however, if the term ends and the policy isn’t used, there is nothing to show for it. A permanent life insurance policy, however, will often build cash value inside of the policy. This can be used for emergencies as a cash reserve, and it can also be used to pay for the premiums of the policy itself later in life. Our team can work through all of the different variables to help you decide the right option for your situation and goals.
Why Families Choose Our Team
Our clients in Crystal Lake, Illinois, find that our no-cost approach to helping them with their insurance needs makes us a trusted and reliable source for their life insurance needs. At Medicare and Prescription Services, we work for our clients, not the insurance companies, and our goal is to help clients find the right term life insurance or permanent life insurance that best fits their needs and lifestyle.
No one likes to think about their own mortality; however, providing for your loved ones after you pass is a wonderful gesture. In 1835, Ziba S. Beardsley came to the shores of the lake and commented that the “waters were as clear as crystal”, thereby giving the lake its name. The first train station was built in 1856, although it was pre-fabricated and shipped from Chicago on a flatcar. Back in the 1860s, when the town of Crystal Lake was about 25 years old, Charles S. Dole purchased over 1,000 acres of land overlooking the lake. Contact us today to discuss adding the right life insurance protection to your plans.
DISCLAIMER: Information presented here is for general educational purposes and does not constitute plan-specific advice. Original Medicare includes Parts A and B. Benefits, costs, and availability vary by location. Please speak with one of our licensed representatives for personalized guidance. For official information, visit Medicare.gov or call 1-800-MEDICARE (TTY: 1-877-486-2048).
Let us guide you through your options and make Medicare Advantage simple, understandable, and tailored to your life!
* We do not offer Part D Medicare Insurance plans.
