Protect Your Loved Ones with Ease
Life Insurance
Cover What Matters Most
Your Life’s Plan, Perfected
Life insurance is more than just a policy—it's a promise to your loved ones. At Bodiford Insurance Agency, we understand that life is full of surprises, and we're here to help you prepare for the unexpected. Whether you're looking to protect your family’s financial future or leave a legacy, our life insurance solutions are tailored to fit your unique needs. Let's ensure that your loved ones are cared for, no matter what the future holds.
Ways We Help
Our goal is to make life insurance straightforward and personal. Here’s how we can assist you in finding the right coverage:
Term Life Insurance
Affordable coverage for a set period, ideal for those who need temporary protection.
Whole Life Insurance
Permanent coverage with a cash value component that grows over time. Perfect for long-term financial planning.
Universal Life Insurance
Flexible coverage that allows you to adjust your premiums and death benefit as your needs change.
Final Expense Insurance
Covers funeral costs and other final expenses, so your family doesn’t have to worry about these burdens.
Guaranteed Issue Life Insurance
Easy-to-qualify coverage with no medical exams, designed for those who may have health concerns.
Indexed Universal Life Insurance
Offers flexible premiums and potential for higher returns based on market indexes, combining life coverage with investment growth.
Frequently Asked Questions
What is the difference between term and whole life insurance?
Term life insurance provides coverage for a specific period and is generally less expensive. Whole life insurance offers lifelong coverage and builds cash value over time.
Can I change my life insurance policy after purchasing it?
Yes, many policies offer flexibility to adjust coverage, premiums, or beneficiaries as your needs change.
How do I determine how much life insurance I need?
Consider factors such as your debts, income, and future financial goals for your dependents. Our agents can help you evaluate your needs and recommend appropriate coverage.
What happens if I miss a premium payment?
Missing a payment can affect your coverage. Most policies have a grace period, but it's important to get in touch with us to discuss options and avoid any lapse in coverage.
Is life insurance taxable?
Generally, life insurance benefits paid out to beneficiaries are not taxable. However, interest earned on the policy’s cash value might be subject to taxes.