3103 Breckenridge Ln
Louisville, KY 40220
Whether you are newly married, expecting a new bundle of joy or merely seeking financial security for your family, life insurance just makes sense. Shopping for the right type of coverage doesn’t have to be morbid or overly complex… The friendly, knowledgeable team at the Palacio Miller agency is ready to assist!
While there is a myriad of options when it comes to life insurance, the most common types of policies are TERM LIFE and WHOLE LIFE.
As the name implies, a TERM LIFE policy is in force for a specific number of years – typically 10, 15, 20 or 30. The premium is determined by the length of the term and the amount of the payout desired at the time of death. If you pass away during the coverage term, your specified beneficiaries receive a lump-sum payment equal to the policy’s total value.
Conversely, a WHOLE LIFE insurance policy does not expire, but remains in force indefinitely until the time of death, as long as the required premiums have been paid. These policies tend to be more expensive than term life policies, but they offer cash value benefits that increase over time. A whole life policy holder may even borrow against their policy under certain conditions.
How much life insurance is needed? As a general rule of thumb, you will want enough coverage to handle your final expenses, pay off any outstanding debt, and have sufficient funds remaining to ensure the security of your surviving family. Choosing the right life policy can seem complicated (and even overwhelming!), our team of trusted professionals will help to make the process less confusing. Let us partner with you to find the perfect coverage to fit your specific needs!
WHY WORK WITH US?
We are locally owned and operated!
We provide coverage through multiple carriers!
We can combine coverage to save you money!
We offer friendly customer service!
You have 24-hour access to your policy info!
STATES WE SERVE:
"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