Life Insurance in Baltimore, MD

Are you worried that your passing may introduce heavy financial burden upon your loved ones? At Stastny Insurance Agency in Baltimore, we are dedicated to helping you insure your family’s future with the right life insurance coverage.

What Is Life Insurance?

Life insurance is a contractual policy between you and an insurance company, where you pay premiums in exchange for a lump-sum payment to your beneficiaries upon your death. This payout offers crucial financial assistance, which your family may use for various reasons, such as mortgage payments, education and daily living expenses.

Different Types of Life Insurance

Every client has their own needs and requirements; as such, our team of experts is here to guide you through finding the best plan for you. The two main types of life insurance are as follows: 

• Term life insurance—This type of policy can provide coverage for a specific period (e.g., 10, 20, or 30 years). Beneficiaries may receive the death benefit if an insured passes away during the term. However, if the insured outlives the term, the policy may expire unless there is an option to renew or convert the policy, which isn’t always available. 

• Permanent life insurance—Unlike term life, permanent life insurance can last as long as you continue paying premiums. Moreover, it may accumulate cash value over time, which you can access during your lifetime. 

Where To Get Life Insurance

Be at peace and worry no more about any burden that might befall those near and dear to you. Contact Stastny Insurance Agency to discuss your life insurance needs and get a quote.