Life Insurance in South Carolina

Life insurance comes in two main types. There is whole life insurance and term life insurance. These each work very differently from the other. The one you choose will depend on how much you want to pay for insurance in South Carolina and which benefits you want to take advantage of. When you're in the Hilton Head, SC area or Georgia, call us at C & H Insurance Associates, LLC.

Whole Life Insurance

When you get whole life insurance, it comes with several significant benefits. Though this type of life insurance is more expensive, it comes with perks that term life doesn't. When you have a whole life policy, it costs more because it lasts for the rest of your life. It stays in place no matter how old you get. This allows you never to have to get another life insurance policy again. These policies also build a cash value over the years. As this amount builds, you can borrow against it. This can be very helpful when you have a financial problem and need cash quickly.

Term Life Insurance

There are term policies when you want to spend less on your life insurance. These policies are much less expensive but expire after several years. When you have a term life policy, the policy will be good for a number of years. After that time has passed, the policy expires. When this happens, you have to get a new policy to stay covered. There is no cash value with these policies. However, they tend to be highly affordable. Many people choose term life because they can fit the payments into their monthly budget.

Get Life Insurance

When you're in South Carolina or Georgia, you can call our Hilton Head, SC office. Contact C & H Insurance Associates, LLC to talk to an insurance agent about getting your life insurance policy.