Life Insurance in Portland

Life insurance can be one of the best financial investments that you make and Financial Investment Team (FIT) has the experience, industry knowledge and dedication to help you make the right decision for yourself and your family when it comes to your life insurance policy. Whether you simply need a life insurance checkup to make sure that your current policy meets your needs or you're just starting to think about purchasing a policy, FIT is here to help. FIT provides a full range of life insurance options in Portland, Oregon.

When to Start Thinking About Life Insurance

It's never too soon to start thinking about life insurance. As life changes, your life insurance policy can be updated to reflect your current needs. Whether you're just beginning your adult phase in life or you're already established with a family to care for, if the unexpected occurs, it's important to plan out how expenses will be paid for in the event something happens.

The Difference between Term and Whole Life Insurance

One of the most common questions about life insurance involves the differences between term life and whole life policies. With term life insurance, an individual is covered for a specified length of time, such as 10 years or 20 years. At the end of the term, the individual may be able to renew the policy for the same term or a different period of time.

In contrast, whole life insurance builds cash value over time as it includes an investment component. After stipulations have been met, policy owners can borrow against or take out the cash value of their whole life insurance policy.

There are a wide variety of life insurance options and policies are tailored to your specific needs. For an in-depth life insurance analysis, advice that you can count on and to learn about all of the options available, contact Financial Investment Team today.