Life Insurance in Jacksonville, NC

Life insurance can offer your loved ones financial security after you pass away. At Ashlie Fortune Insurance LLC, we’re here to help you find a policy that aligns with your personal circumstances.

What Are the Types of Life Insurance?

There are two main types of life insurance: term and permanent.

1. Term life insurance can insure you for a set period from 10 years to 30 years. If you pass away during that time frame, your beneficiaries can apply to receive a death benefit. It is considered the simplest type of life insurance.
2. Permanent life insurance can provide lifelong coverage if you pay your premiums. It may also come with a cash value benefit that earns interest on a tax-deferred basis. Some types of permanent life insurance include whole life, universal life and variable universal life.

What Are Riders?

Life insurance riders are optional features that you can add to your policy to tailor coverage to your specific needs. These are typically available for an extra fee. Some common riders include:

• Accidental death rider may pay out an additional death benefit if you pass away in an accident.

• Critical illness rider may pay out your death benefit if you’ve been diagnosed with a critical illness.

• Family income rider may provide an extra monthly installment benefit after you die.

• Guaranteed insurability rider may allow you to purchase additional coverage without undergoing a medical evaluation.

• Long-term care rider may offer monthly payments if you ever have to be put in long-term care.

• Premium waiver rider allows you to have your premiums waived if you can no longer work due to a disability.

Get Insured Today

If you’re looking for life insurance options, we’re here to help. Contact Ashlie Fortune Insurance LLC to request a personalized quote.