Is your San Diego Life Insurance building cash value?
The third quarter for 2012 comes to a close at the end of this month. Is your San Diego life insurance policy building cash value? If not, maybe it’s time to look at purchasing a different life insurance policy. Term life is the most affordable option, but it doesn’t build cash value. Whole or universal life insurance policies increase in value every year, the type of policies you can include as part of your investment portfolio. Call us any time here at McCormick Insurance Solutions to learn more. Our number is 619-276-0492.
Insurance is one of life’s basic needs. If you drive a car, you need a San Diego auto insurance policy. If you own a home, it’s a good idea to have a San Diego home insurance policy to protect your investment. Life insurance protects you also, in the event of a tragedy, but it can also be a vehicle for savings. Life insurance is the only type of policy we offer that can actually earn you money over time, making it a true investment and not an expense. Have you thought about it that way before?
San Diego life insurance that builds cash value is an asset. Banks and other lending institutions will normally accept it as collateral since it has a liquidation value. In other words, you can borrow against it. You can also, in certain circumstances, withdraw from it before term, an option usually exercised during times of financial hardship such as job loss or impending foreclosure. The cash value of your life insurance policy can be counted on to bail you out in these situations.
Ask for an Insurance Policy Evaluation from McCormick
Your San Diego life insurance isn’t the only policy that may need an upgrade. Ask for an insurance policy evaluation from McCormick Insurance Solutions to make sure that your policies are all up to date and the best option for you. Are you paying too much for auto insurance? Does your homeowners insurance include flood and fire damage clauses? You don’t want to find out too late that you’re not covered. After disaster strikes you have no recourse. If insurance doesn’t cover it, you’re paying out of pocket, a sad and easily preventable situation.
Contact us here at McCormick Insurance today. Our number is 619-276-0492. We offer life, auto, home, wedding, and vacation insurance. Are you planning a trip to Mexico soon? You’ll want to check in with us first. The insurance requirements south of the border are different than they are up here. Your auto insurance will not cover you if you get in an accident. Come see us and we’ll make sure you have the right coverage so you can enjoy your vacation. We’ll also set you up with a life insurance policy that will build cash value, a nice security blanket as you move towards middle age and your golden years.