3103 Breckenridge Ln
Louisville, KY 40220
Whether you are newly married, have a child on the way, or just want to provide financial security to your loved one, life insurance makes sense in nearly every situation. For residents of Kentucky or Tennessee, shopping for life insurance does not have to be overly complex or morbid because the friendly and knowledgeable team at Palacio Miller Agency is ready to assist. When it comes to life insurance, there are a myriad of options, but the most common are term and whole life. As the name implies, term life is valid for a specific number of years - typically 15, 20, or 30. Both the number of years that the policy is valid for and the total value dictate the cost of the premium. With term life insurance, if you pass away during the period that the policy is active for then your beneficiary receives a payout from the insurance company for the total value of the policy. Conversely, whole life insurance offers the advantage of being valid for your entire lifespan but comes at the cost of being more expensive. Additionally, whole life insurance includes an investment component that grows over time and can be borrowed against for specific financial reasons.
Choosing how much life insurance to purchase can seem complicated, but at Palacio Miller Agency serving Louisville, KY and Collierville, TN our friendly and talented team will make the process seamless. As a general rule of thumb, you’ll want to purchase enough life insurance to allow the beneficiary to pay off any outstanding debts like a mortgage or student loans and have money available for future expenses such as retirement or college tuition for children. If you are in the Louisville, KY or Collierville, TN area give us a call today and let us help our Kentucky and Tennessee residents find the perfect life insurance for their needs.
"You took care of my needs. And you don’t try to force things on me that I don’t need or want."
– G.J., Indianapolis, IN
"Nationwide with service in Spanish and very efficient.
Agencia de seguro de autos: Nationwide con servicio en español y muy eficiente."
– Abel Garcia, Louisville, KY
"Thanks for your attention.
– Juan Utrera, Louisville, KY
– Maribel Ruano, Louisville, KY
"Your attention is excellent, its wonderful and very dedicated staff. I am very satisfied with the service. "
– Odalys Ruano, Louisville, KY