California Life Insurance
At Harrington Insurance our team is happy to go far beyond being simple California insurance agents—we aim to be the insurance leaders you trust to protect what truly matters most to you—your life.
From providing you with reliable car insurance in California, home and business coverage, we are prepared awaiting the chance to take it to the next level and insure your life.
We know that finding the right California life insurance program can get confusing—and even a bit overwhelming. From having to weigh the pros and cons of term life insurance versus whole, universal and variable and beyond—it’s easy to get lost amongst the terminology and coverage differences.
That’s exactly why we at Harrington Insurance want to be more than just your insurance provider, we want to be your trusted coverage ally. By helping you navigate your way through one of the most crucial policy decisions you will have to make in your lifetime; we vow to secure you a custom California life insurance plan you can rely on.
Term life insurance, whole life insurance, universal life insurance, variable life insurance, survivorship insurance… the list and combinations seem endless. At Harrington Insurance we want to help you determine which California life insurance policy type is right for you! Our dedicated team of life insurance experts understands ’s market and regulations and can find the right plan – or mixture of options – that fit your individual needs.
Term Life Insurance Basics:
- Coverage for a “term” or period of your life.
- Lower premiums for higher coverage.
- Rates can change after specific terms expire.
- No equity – cannot be used as cash value.
Whole Life Insurance Basics:
- Exactly like it says – permanent, not for a specific period.
- Protection carries with you your whole life.
- Can build equity and have cash value.
- Higher premiums than term life, but can be more valuable in the long run.
Term and Whole Life Combined:
- Build lifelong base of whole live coverage.
- Supplement specific times of your life with term insurance.
When to choose term life?
Most people choosing term life have a strategy for long term net worth. They need specific coverage for a period of their lives to protect debt, loved ones, and children. For a homeowner with children it may make more sense to have a term life policy that covers the mortgage and living requirements until their children are old enough to provide for themselves – in this case the term would expire around the time your children move out.
When to choose whole life?
Whole life can be used in the retirement years as cash assets. It can provide equity for loans and have fixed payments that do not increase with time. Often times whole life policies will pay dividends - although not always.
With a variety of alternatives and policy possibilities it’s understandable that you may feel a bit anxious. But remember, life insurance is all about you, and you are certainly worth insuring!
Give us a call and let one of our expert life insurance specialists get you started on the right path. Contact Harrington Insurance for more information and get a free California life insurance quote today!
