When you are shopping for life insurance, there are a number of different kinds. One of the most popular of these is the whole life policy. This policy is run very differently from a term life policy, and it comes with a number of helpful advantages. If you want to know more about whole life insurance or other types of life insurance policies, give us a call today at JC Demo Insurance Group in Matthews, NC.

Whole Life

Whole life insurance got its name from the amount of time the policy lasts. It will last for the rest of your life as long as you pay the premiums as agreed. This is very different from the set term that governs a term life insurance policy. With term insurance, you would have to try to renew your insurance, for a higher rate, after the term is over. 

Cash Value

One of the reasons that this type of insurance is so popular is that it builds up a cash value over time. Some of the money that you pay into the policy is invested, and your policy can earn a portion of the profits. This allows you to borrow the full cash value amount if you need to. This is especially helpful to have if you run into financial trouble and need a loan quickly. The amount that you borrow is paid back like any other loan. If you pass away before the loan is paid off, your death benefit will be lowered by that amount. 

Get Your Life Insurance Policy

It’s important for those around you that you have a good life insurance policy that will pay out a death benefit to your beneficiaries. To learn more about them, give us a call now at JC Demo Insurance Group in Matthews, NC.

The Matthews, NC area has continued to be a great place to own and run a business. This area offers a lot of opportunity to those that want to build a business and have a strong local economy which offers a lot of support. If you would like to run a company here, you also need to get insurance for it. There are a few reasons that you should always get commercial coverage when you are here. 

Coverage Protects the Business

A key reason anyone here should get a commercial plan is so they can properly protect their business. If you want to run a business, you will need to find ways to mitigate your business risks. A commercial plan can be used to do just that. With this insurance, you will get coverage that can be used to repair or replace core assets or provide support if you are named in a liability claim. 

Coverage is a Requirement

You should also pursue a commercial plan as it can be a requirement for you to do so. If you are going to take out a business loan, raise money from investors, or sign a lease agreement, you are bound to have insurance requirements. Your commercial plan will give the right coverage needed to ensure you meet these requirements. 

As you are trying to build a business in the Matthews, NC area, you will continue to find having commercial coverage is very important. If you are interested in obtaining a plan here, calling the JC Demo Insurance Group is a good idea. The professionals with the JC Demo Insurance Group can offer the support that is needed to build a commercial plan. This will help ensure they remain fully covered at all times.