Life Insurance in Longview, TX
Life insurance can be vital to protecting your family’s financial well-being after you’re gone. By choosing appropriate coverage, you can ease the burden of funeral costs, debts and everyday living expenses, knowing your loved ones will have the funds they need.
How Life Insurance Works 
When you pass away, your beneficiaries can apply to receive the death benefit. That payout can cover final expenses, pay down outstanding debts or replace lost income, helping your family maintain their lifestyle in your absence.
Term vs. Whole Life Insurance
Term life lasts for a fixed period, often 10, 20 or 30 years. If you die during that window, your beneficiary can apply to receive the death benefit. Coverage ends if you outlive the term (though you may be able to renew or convert to another policy).
Whole life is designed to provide lifelong protection if premiums are paid. In addition to the death benefit, it can build cash value over time, which you can borrow against or withdraw while you’re still alive, depending on the policy’s rules.
Other Policy Options
Beyond term and whole, you may consider:
- Universal life—This can offer flexible premiums and death benefits with cash-value growth.
- Final expense—This may simplify coverage for burial and funeral bills.
- Group life—This includes employer-sponsored plans at group rates.
- Final expense or mortgage protection—This can cover funeral and burial costs or pay off your home loan.
Premiums and Affordability
Life insurance premiums vary based on age, health, policy type and coverage amount. We can help you compare options to find a plan that works with your budget.
Learn More
At Erick Dodge Insurance Agency Inc in Longview, Texas, we’re dedicated to offering top-quality life insurance plans at competitive rates. Contact us today for a free quote and personalized guidance on choosing the coverage that best fits your needs.