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If you want to make sure your loved ones are taken care of after you are gone, you may be wondering where to buy the best life insurance in Washington DC metro.

The death of a loved one is difficult and tragic, but life insurance helps to make sure that there aren’t also undue financial burdens.  When shopping for life insurance you’ll want to consider how much income would need to be replaced, childcare and college expenses for your children, mortgage and other debts, and funeral expenses.

Types Of Life Insurance Policies

When you start looking into the best life insurance in Washington DC metro, you’ll find that there are two main types.

Term Life Insurance

Term life insurance is for a specific period of time, often ten to thirty years.  You will pay a monthly premium and if you pass away during that term, the life insurance company will pay a specific amount of money to your beneficiaries.

Term life insurance is usually less expensive, but it does have an expiration date.  This is a good option to consider while you have children at home that would need childcare or college costs to be covered.

Permanent Life Insurance

Permanent life insurance provides coverage for your entire life, rather than a specified number of years.  Many policies also include a cash value account that you may be able to borrow from or use as collateral.

What Age Should I Get Life Insurance?

The younger and healthier you are, the better rate you will receive.  Your twenties are not too young to consider life insurance.

Even if you are single, life insurance is a good option if your death could create a financial burden for your loved ones.

Let Us Help You Find The Best Life Insurance in Washington DC metro

If you have questions about life insurance, how much it costs, and what type of policy is best for you, EZInsurance Advisor is here to help!  Our free e-book is a great place to get started!  Our expert team will develop life insurance options that are specifically tailored to you and your needs!