Term Life Insurance

Having the right term life insurance is pivotal in planning for the future of you and your loved ones. Life insurance can help you fulfill promises you’ve made to your family when you are gone.

Don’t leave the future of you and your loved ones to chance. Barr Insurance Agency can help you find the right term life insurance coverage for you, and help ensure that your policy continually meets your needs.

 

Get approved without an exam. You could have life insurance in as little as 5 minutes.

 
 
 
 
 

Georgia, California, and Florida — Life changes. So should your policy.

For each of our neighbors in Georgia, California, and Florida, the right life insurance will be unique for you and dependent on your personal and financial needs. As your life changes, your life insurance coverage may need to change in order to adapt to your current needs. Some life transformations that may require a policy “tune-up” and our help include:

  • You recently married or divorced

  • You have a new child or grandchild

  • You have opened or expanded a business

  • Your health or your spouse’s health has deteriorated

  • You are providing care or financial assistance to a parent

  • Your child or grandchild requires assistance or long-term care

  • You recently purchased a new home

  • You are planning for a child or grandchild’s education

  • You are concerned about retirement income

  • You have refinanced your home mortgage in the past six months

  • You or your spouse recently received an inheritance

  • You have a sizable estate

 

What you need to know about life insurance

Barr Insurance Agency can help you select the best life insurance coverage for your needs. There are several different types of life insurance products available. Barr Insurance offers and recommends Term Life Insurance.

  • Term life insurance provides protection for a specified period of time. If you do not currently have life insurance, term can be a good place to start. It’s generally less expensive than permanent (whole) life insurance, and is available in varying time periods with fixed premiums from a one year (annual renewable term) to 30-year (level term) period. Furthermore, term life insurance is sometimes convertible to permanent coverage, providing you with flexibility as your needs change.

 

What are the advantages of life insurance?

Having the right life insurance is essential to planning for your present, and your future. Not only can life insurance provide assurance for your family after you are gone, but many life insurance options also offer other benefits and investment opportunities you can take advantage of while you are living.

Advantages of the life insurance death benefit: When you pass away, your life insurance provides income tax-free money to your named beneficiary or beneficiaries that can be used to pay funeral expenses, debt, tuition, estate taxes, or virtually any financial need. Your policy can help provide security for your business security as well, by enabling partners to buy out the interests of a deceased partner and prevent a forced liquidation.

Advantages of life insurance living benefits: The cash value growth of a permanent (whole) life insurance policy is tax-deferred, meaning you do not pay taxes on the growth of cash value unless money is withdrawn. Loans or withdrawals can be taken against the cash value of a permanent life insurance policy to help with expenses, such as college tuition or the down payment on a home.

The right life insurance coverage for each and every one of our neighbors in Georgia, California, and Florida is unique – talk with our team today to find out how to protect your family and your future with the right life insurance.

 

Who We Are

Barr Insurance Agency started in 1987 in Duluth, Georgia focused on selling auto insurance.

As an independent agency, over the years we’ve uniquely positioned ourselves to help you best by bringing top-name brands together for you.

We listen to you and offer the right type of life insurance with the best carrier for you.

If you’re ready to protect your loved ones, get in touch with us today. We’re ready to work with you.