AAA Life Insurance | 3mbtech.com

1. AAA Life Insurance Company In order to calculate the life insurance requirements of our loved ones, one has to cater to nearly five or seven times of his total yearly income. Think about it, if you are at home and have no specific estimated income, then how much would be the total family expenses if you died? If you have young children and you die then who will take care of their everyday needs? A aaa life insurance policy is a must as it is an insurance that will stay effective throughout your life. Premium is determined on the basis of your actual age at the purchase of that policy but unlike insurance tenure that sum does not increase over a period. It is suggestive to buy life insurance policies at a very young age to avail low premium rates. The premium are higher than that you pay at first even though the face amount is same for term insurance, later it would be much less than that you have been paying if you continue with the policy by renewing it. Many times, aaa life insurance coverage provides life insurance protection along with a cash payment as well. Term insurance on the other hand makes your beneficiary eligible to get some amount of money after you expire. Full life policy is advantageous as the cash adds up every year to

2. the amount. If at any point you decide to discontinue with the policy, then the company deducts certain charges and gives you the fully accumulated corpus at that time. On the other hand, the term insurance is suitable for temporary protection or when you require a large sum but cannot afford to pay large sum of premium charged. Like, you would definitely like to secure your wife and children if you were to die unexpectedly. Their immediate needs can be met by term insurance, which later can be upgraded to a fixed policy, once you can bear the high rates. Policy term is the period for which protection is provided in term insurance. Like, a five years protection will be provided in a five-year tenure policy. The benefits can be availed only when you die in those five years. If you are alive even after the tenure then the policy lapses and no benefits can be availed. Term insurance is regarded as the one, which offers the highest amount of pure insurance protection and that too for a low premium. Call: 760-459-2888 Email: sales@insurelife.life