SmartMoney

Financial tips and money-saving advice from Goldenwest Credit Union

September is Life Insurance Awareness Month

September 7, 2023

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A life insurance policy provides financial protection for your family in the event of your passing. Your beneficiaries will receive money to use as they see fit, ensuring security in a difficult time.

Life Insurance options at a glance:

Term Life Insurance Term insurance overs you for a fixed period of time, such as 10, 20 or 30 years. You’ll receive a guaranteed death benefit for the term you choose, and your payments are guaranteed to remain level for the length of the term.

Permanent Life Insurance Permanent insurance lasts your entire life and gives you level premiums, strong guarantees, and valuable protection. It can also build cash value.



Each type of life insurance is designed to meet different needs. Get more details about what’s included in each option by contacting one of our Insurance Agents to understand what protection may be right for you and your family.

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