Term Life Insurance
Provide Money When It’s Needed Most. Get a Term Life Insurance Policy.
If Your Income Weren’t There, Term Life Insurance Covers Your Family and Protects Their Finances
In PA, Work With Miller Carlisle on a Term Life Insurance Policy that Fits Your Budget and Your Needs
No one likes thinking about the eventual inevitable. But everything alive will one day die. It’s a basic fact of life.
Another fact of life? Life goes on. Families endure. Society continues even though the individual doesn’t. Therefore, it’s the smart, prudent thing to plan ahead and protect your family from the heavy financial burden that would result from you (and your income) not being there.
That’s the solution that term life insurance provides. For a term of 10, 15, 20, or 30 years, you can affordably and comfortably provide financial protection for your family, giving them peace-of-mind knowing that money will be available even in the worst-case scenario.
What Is Term Life Insurance and Who Should Get It?
Got Kids? A Spouse? A Mortgage? You Ought To Carry a Term Life Insurance Policy
Term life insurance is a simple, straightforward, cost-effective way to get a guaranteed death benefit from an established, reputable issuing insurance company. By owning a term life insurance policy, you’re providing vital financial resources to your family to cover the mortgage, household expenses, education expenses, funeral expenses, and more – resources that wouldn’t be there without life insurance.
Term life insurance works best for a wide variety of situations: a younger family just starting out; an established homeowner looking for mortgage protection in the event of lost income; an older couple needing to provide each other with money for final expenses. Anyone in any of the aforementioned scenarios should investigate making an investment in term life insurance as part of their overall financial planning.
The last thing you want is to hand your family a major financial burden as the last thing you do. Avoid that catastrophic ending; have a conversation with the professional insurance agents of Miller Carlisle about an affordable, substantial, intelligently designed term life insurance policy from a leading insurance company in Pennsylvania.
The Benefits of Term Life Insurance
Affordability, Convertibility, and (Sometimes) No Medical Exam!
When you select term life insurance as your method of providing financial protection to your family, you’re making a smart choice for your family’s future financial picture as well as your bottom line in the present.
The primarily benefit of owning a term life insurance policy is the unfortunately named “death benefit.” Basically, that’s the phrase used to describe the lump-sum cash payout due to the beneficiaries of a life insurance policy upon the confirmed death of the insured person. Thanks to tax-advantaged treatment of life insurance proceeds, the policy’s death benefit is typically paid out to the beneficiary as untaxed income – although it’s always a good idea to check with your tax advisor and financial professional to be sure.
But there are additional benefits to term life insurance policies – most notably the more affordable term life insurance premiums, which are typically lower than premiums for a permanent life policy such as whole life insurance or universal life insurance.
Plus, if you ever do decide to buy life insurance on a more permanent basis, you have the option to convert your term life policy into a permanent policy – which is often a great idea, considering your cash benefit remains at the same level as under the term policy, and your premiums remain affordable (often the premiums you’ve already paid can be applied to the newly converted permanent insurance policy).
Furthermore, it makes sense to start off with a term life insurance policy and subsequently convert it to permanent coverage such as a whole life or universal life insurance policy, because (depending on the insurance company) you may not require a medical exam or disclosure of health issues as long as there’s no increase in the death benefit coverage amount.
Again, consult with a Miller Carlisle agent or your financial professional to determine whether converting a life insurance policy from term to perm would result in higher premiums.
Other Life Insurance Options from Miller Carlisle in Pennsylvania
Term Life Insurance Has Many Advantages – But So Do Permanent Life Insurance Policies
There’s more than one way to protect your family from loss of income due to the breadwinner’s death. Term life insurance policies represent the most affordable way – but there are considerable advantages to obtaining permanent coverage such as whole life insurance or universal life insurance policies.
The most obvious feature of a permanent policy – other than the fact that there is no specified term length, meaning the policy is in-force for the insured’s entire life (as long as premiums are paid on time) – is the cash value that accumulates within the policy. Whereas a term life insurance policy is solely death benefit, a permanent life insurance policy can build cash value which is available to the insured while they’re still alive.
Universal life insurance and whole life insurance rates tend to be at a higher cost than for term life insurance, which is reasonable because you’re paying for more than a death benefit – you’re investing in a tax-advantaged vehicle which can provide money (in the form of policy loans) whenever you need it.
Some people utilize cash-value life insurance policies as part of their retirement and other financial planning. With a permanent insurance policy, the insured doesn’t have to worry about a yearly renewable term or premiums that increase significantly.
Miller Carlisle Is an Independent Term Life Insurance Broker
We’re Not Beholden to Any Insurance Company, So We Can Sell You the Best Term Life Policy Available
Independence is important – and not just on the Fourth of July.
Miller Carlisle Insurance Services LLC is and has always been a fully independent insurance broker. That means – unlike a Guardian Life agent, a State Farm agent, or other captive agent – we’re able to solicit a variety of quotes from top-rated insurance companies, comb through them, and determine the single best option for our client’s circumstances.
Our customers enjoy our independent status, because it means we’re not prejudiced for or against any particular insurance company; we seek only to find the right policy for each client, regardless of which insurer does the insuring.
Since 1978, Pennsylvania Has Trusted Family-Run Miller Carlisle For All Insurance Needs
Life, Health, Auto, Homeowners, Business, Medicare Supplement, and More Insurance Protection
There’s no replacement for experience – and the team of agents at Miller Carlisle have experience in spades. Our agency was founded in 1978 and we’ve been a mainstay in the Pennsylvania insurance scene ever since.
From our president to our customer service representatives, everyone at Miller Carlisle Insurance Services LLC brings vast institutional knowledge to the job of insurance broker. That means we know what questions to ask our clients, what insurance carriers offer the best claims-paying ability, and how to avoid the need to pay higher premiums.
Buying life insurance – whether term or perm – is a necessary part of personal finance. Make sure you work with established, experienced Pennsylvania-based professionals when choosing your term life insurance company and policy. Hire the pros at Miller Carlisle.
Serving the Life Insurance Needs of All of Pennsylvania
From Erie to Philly and Wilkes-Barre to the ‘Burgh, Miller Carlisle Covers the Keystone State!
Miller Carlisle is licensed to sell life insurance anywhere in the Commonwealth of Pennsylvania. Although our physical office is located in Carlisle PA, the seat of Cumberland County, we serve customers throughout the state, from West Chester to Warren PA, Scranton to Washington PA.
We count customers from Harrisburg, Hazleton, Lancaster, York, Williamsport, Lewisburg, Chambersburg, Somerset, and many other counties and townships across Pennsylvania – including the metropolises of Pittsburgh and Philadelphia!
Wherever you live in the Keystone State – from Carbondale to State College – Miller Carlisle Insurance Services LLC is ready to serve your insurance needs
Let’s Find the Right Term Life Insurance Policy for Your Situation
In Pennsylvania, Contact Miller Carlisle To Discuss Your Life Insurance Options
We make it easy to purchase high-quality, affordable-premium term life insurance in Pennsylvania. Just reach out to the offices of Miller Carlisle Insurance Services LLC.
Give us a call at 717-243-4400 or snap us an email to [email protected]. Alternatively, fill out the short form found on this and every page of our website, and receive a free quote on term life insurance for your preferred term length and coverage amount.
Or, stop by and visit the Miller Carlisle office in Carlisle PA at 19 Brookwood Avenue, Suite 102. Our on-duty agents will be pleased to answer your questions and begin the process of researching custom-tailored quotes on term life insurance policies.
How much coverage do you need? Will you need a medical exam? Can you buy a level-premium policy? What are the insurer’s financial strength ratings? How will the insurance company pay the death benefit to your family?
Get complete details on term life insurance policies from the expert agents of Miller Carlisle Insurance Services LLC, the premier independent life insurance broker serving the people of Pennsylvania.