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Personal Life Insurance

Shannon and her daughter in black and white at Massanutten Resort

Personal Life

Full Name: Personal Life Insurance

There are two main types of life insurance; term life insurance and permanent life insurance. Term life insurance simply covers you for a specified amount of time (10, 20, and 30 year policies being the most common).

Life insurance policies help provide security to either you or your beneficiaries after you pass away or after a designated period of time. With a life insurance policy from Nationwide, you can help secure your family's financial future by paying for college, paying off a mortgage, covering any final expenses or estate taxes, and more.

Rates tend to go up as you age. Buying a policy when you're younger lets you lock in a lower rate.