Life Insurance in Oregon

Many types of insurance policies are designed to protect physical assets and offer personal liability protection in the event of an accident with those assets, such as car insurance, RV insurance, and home insurance. But what about you? You, too, are a vital asset, and life insurance is the essential type of insurance designed to safeguard your value. Our team at H & R Insurance Group LLC in Portland, OR is here to help you find the right life insurance policy for your Oregon household.

Understanding the Basics of Life Insurance Policies

Life insurance policies serve as an essential financial tool that can provide households with much-needed security and assurance following the health decline or death of a loved one. Consider the following ways a life insurance policy can work and benefit you:

  • Death benefits to beneficiaries. In most cases, life insurance benefits are not taxable. This enables policyholders to pass on finances confidently their beneficiaries might need to live and thrive following their passing without worrying about it being taxed down to nothing.
  • Supplemental retirement income before death. Life insurance isn't just about the beneficiaries. With many policies, the policyholder benefits from supplemental income paid out between their retirement date and their date of death.
  • Easy legacy and estate planning alongside end-of-life expenses. Life insurance offers a solid platform for legacy and estate planning. Here, you can quickly determine beneficiaries and help ensure liquidity to cover end-of-life and funeral expenses and desired allotments to loved ones.

Contact Our Team at H & R Insurance Group LLC to Learn More

It's never too early to get started with life insurance. The earlier you begin a policy, the lower your premiums are going to be throughout your lifetime. Learn more about and get started on your Portland, OR policy by calling our Oregon team at H & R Insurance Group LLC.