Click to Call
Lee Insurance Agency LLC

119 W South Railroad St, PO Box 1212
Four Oaks, NC 27524

Life Insurance Provides Protection for Family

Are you concerned about whether or not your family would be financially secure in the event of your passing? Our team of insurance experts at Lee Insurance Agency LLC in North Carolina can help you with your life insurance needs.

Life Insurance: The Basics

Life insurance is a contract between the insurance company and an insured individual. The insurance company promises to pay the designated beneficiaries an amount of money upon the death of the policyholder. Depending on the policy, other events such as a terminal illness can also force payment.

The policyholder will pay a premium either monthly or make a lump sum payment. The benefits will include final expenses.

Life insurance policies are legal contracts, in which each contract will describe the limitations of the insured events. Certain exclusions may be written into the contract which will limit the liability of the insurance company. Common examples would include suicide, war, riot, fraud, and civil commotion.

Life insurance policies typically fall into two major categories:

Protection policies are designed to provide a lump-sum benefit, typically, in the event of a specified occurrence. Term insurance is a common form of protection.

Investment policies are meant to facilitate the growth of capital by single or regular premiums. Common forms of this type of insurance are variable life policies, whole life policies, or universal life policies.

In the event of the passing of the main breadwinner in a household, it is necessary for that person to make sure his or her family is protected with a life insurance benefit. In addition to paying final expenses, it can satisfy a mortgage, pay off other miscellaneous debt, pay college tuition, and enable the family to live without financial worry.

Give Us A Call

Our insurance experts at Lee Insurance Agency LLC can provide a no-obligation quote or answer any questions you may have.

If you are looking to add or update your life insurance policy in North Carolina, reach out to us today. We’ll be happy to help. 

Partner Carriers

  • AAA
  • American Modern
  • ASI
  • Cabrillo Coastal
  • Dairyland
  • Foremost
  • Hagerty
  • Kemper
  • MetLife
  • monthly payment plan
  • National General
  • NC Grange
  • Progressive
  • RLI
  • Safeco
  • The Hartford
  • Tower Hill
  • Travelers
  • Universal Property & Casualty
  • UPC
  • Wright Flood