EVANSTON LIFE INSURANCE

More about Evanston Life Insurance

Life insurance is a crucial step in planning for your future and the future of your loved ones.

  • Life Term Insurance provides life insurance protection for a specified period of time. Term life is sometimes convertible to permanent coverage, providing you with flexibility as your needs change.

  • Whole Life Insurance is a form of permanent life insurance that remains in force for your entire lifetime, provided premiums are paid as specified in the policy.

 

  • Universal Life Insurance is a form of permanent life insurance characterized by its flexible premiums, face amounts and unbundled pricing structure. The savings element, premiums and death benefit can be reviewed and altered as a policyholder’s circumstances change.

 

Frequently Asked Questions About Evanston Life Insurance

There are many kinds of life insurance, but they generally fall into two categories: term insurance and permanent insurance. 

Term Insurance:
Term insurance is designed to meet temporary needs. It provides protection for a specific period of time (the "term") and generally pays a benefit only if you die during the term. This type of insurance often makes sense when you have a need for coverage that will disappear at a specific point in time. For instance, you may decide that you only need coverage until your children graduate from college or a particular debt is paid off, such as your mortgage.

Whole Life/Permanent Insurance:

In contrast, permanent insurance provides lifelong protection. As long as you pay the premiums, and no loans, withdrawals or surrenders are taken, the full face amount will be paid. Because it is designed to last a lifetime, permanent life insurance accumulates cash value and is priced for you to keep over a long period of time.

It's impossible to say which type of life insurance is better because the kind of coverage that's right for you depends on your unique circumstances and financial goals. 

But remember, the best way to figure out the amount and type of life insurance that makes sense for your particular situation is to meet with a qualified life insurance professional. 

HOURS & LOCATION
Location

Statewide Insurance Agency of Skokie

8001 Lincoln Ave Suite 715

Skokie, IL 60077

swinsurance@sbcglobal.net

 

Tel: 847-675-7714

Fax: 847-675-6851

Hours

Monday: 9:00am to 6:00pm

Tuesday: 9:00am to 6:00pm

Wednesday: 9:00am to 6:00pm

Thursday: 9:00am to 6:00pm

Friday: 9:00am to 6:00pm

Contact Us

Statewide Insurance Agency of Skokie

8001 Lincoln Ave Suite 715

Skokie, IL 60077

Telephone: (847) 675-7714

Fax: (847) 675-6851

Email: swinsurance@sbcglobal.net

We provide home, auto, business, life and health insurance throughout Illinois including Chicago, Evanston, Skokie, Niles, Lincolnwood, Morton Grove, and the surrounding areas.

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