Patrick McNealis Insurance and Financial Group are proud to serve the Emmaus, PA community. We take a personalized approach to offer coverage. We recognize that each of our clients has unique needs. That’s why we are committed to helping them obtain policies that align with their future and present goals. We will work with you to find the right policy for your situation.

Explaining Different Types Of Life Insurance Policies

Life insurance allows you to plan for emergencies. The policy offers protection if you unexpectedly pass away. You can help lessen the burden on your loved ones as they cope with your passing. They can use the policy to make funeral arrangements or get your affairs in order. You can use the coverage to help your children pursue higher learning at Emmaus PA school or another institution. You can use the policy to ensure that your loved ones continue operating the business you started. Life insurance can help fulfill a variety of needs. As you figure out which policies make sense for your situation, learn about these different types of life insurance.

Whole Life

Whole life coverage ensures that you will receive coverage throughout your entire lifespan. This policy ensures that your loved one will receive some insurance making your funeral arrangements.

Term Life

Term life coverage provides coverage during a particular amount of time. Usually, the duration of a term life policy is between 10 and 20 years. During this period, you will receive full coverage. You can start another policy or pursue different coverage at the end of the period.

Variable Life

Variable Life policies are considered more high risk because while you will receive coverage, the policy’s total value may fluctuate depending on some variables.