Life Insurance

Idaho – What You Need to Know About Life Insurance

Having the right 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 your family when you are gone. Don’t leave the future of you and your loved ones to chance.

Castle Rock Insurance can help you find the right life insurance coverage for you, and help ensure that your policy continually meets your needs.

LIFE CHANGES - SO SHOULD YOUR POLICY
For each of our neighbors in Idaho, 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 at Castle Rock Insurance 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

Castle Rock Insurance can help you select the best life insurance coverage for your needs. There are several different types of life insurance products available – the most common include:

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 20-year (level term) period. Furthermore, term life insurance is sometimes convertible to permanent coverage, providing you with flexibility as your needs change.

Whole Life Insurance
  Whole life insurance is a form of permanent life insurance that remains in force for your entire lifetime, provided premiums are paid as specified in the policy. Whole life insurance can be an investment opportunity, as many whole life insurance policies also build cash value over time.

Universal Life Insurance
    Universal life is a form of permanent life insurance characterized by its flexible premiums, face amounts and unbundled pricing structure. Universal life can build cash value, which earns an interest rate that may adjust periodically, but is usually guaranteed not to fall below a certain percentage.

So what type of life insurance is best for you?

Talk with the team at Castle Rock Insurance and we can assist in identifying the best protection for you.

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, many life insurance options 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 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.

    HOW MUCH LIFE INSURANCE IS ENOUGH?
     
    The necessity of life insurance depends on your own personal and financial needs. At Castle Rock Insurance in Burley, ID, we assit and help you determine the type and amount of life insurance that is appropriate for you and your family.

  • Call for a quote today at 208-678-2048

     

     

     

    Latest News

    Final Needs Planning

    Plan for Your Final Needs through Life Insurance

    Read more

    Healthy Holiday Tips

    Stay Healthy During the Holidays

    Read more

     

    Holiday Giving

    Tis the Season of Giving

    Read more

     

    Identity Theft

    What You Need to Know about Identity Theft and Ways to Prevent It.

    Read more

     

    Illinois Mutual

    Illinois Mutual Life Insurance

    Read more

     

    Mortgage Protection

    Protect your Mortgage with Life Insurance

    Read more

     

    Pre-Paid Funeral

    Life Insurance can Help Pay for Funerals

    Read more

     

    Smart Savings

    Smart Ways to Save on Insurance...

    Read more

     

    Website by Hoopes Tech

    1225 Overland Ave Burley, ID 83318

    Phone: (208) 678-2048
    Fax: (208) 678-2906
    E-mail: cade@castlerockidaho.com

    © 2019 Castle Rock Insurance

    We serve all of Idaho - Including, but not limited to:

    Aberdeen Acequia Albion AmericanFalls Ammon Arco Arimo Ashton Athol AtomicCity Bancroft Basalt Bellevue Blackfoot Bliss Bloomington Boise BonnersFerry Bovill Buhl Burley ButteCity Caldwell Cambridge Carey Cascade Castleford Challis Chubbuck ClarkFork Clayton Clifton Coeurd'Alene Cottonwood  Council Craigmont Crouch Culdesac DaltonGardens Dayton Deary Declo Dietrich Donnelly Dover Downey Driggs Drummond Dubois Eagle EastHope Eden ElkRiver Emmett Fairfield Ferdinand FernanLake Filer Firth Franklin Fruitland GardenCity Genesee Georgetown GlennsFerry Gooding Grace GrandView Grangeville Greenleaf Hagerman Hailey Hamer Hansen Harrison Hauser Hayden HaydenLake Hazelton Heyburn Hollister Homedale Hope HorseshoeBend Huetter IdahoCity IdahoFalls Inkom Iona Irwin IslandPark Jerome Juliaetta Kamiah Kellogg Kendrick Ketchum Kimberly Kooskia Kootenai Kuna Lapwai LavaHotSprings Leadore Lewiston Lewisville Mackay Malad Malta Marsing McCall McCammon Melba Menan Meridian Middleton Midvale Minidoka Montpelier Moore Moscow MountainHome MoyieSprings MudLake Mullan Murtaugh Nampa NewMeadows NewPlymouth Newdale Nezperce Notus Oakley Oldtown Onaway Orofino Osburn Oxford Paris Parker Parma Paul Payette Peck Pierce Pinehurst Placerville Plummer Pocatello Ponderay PostFalls Potlatch Preston PriestRiver Rathdrum Reubens Rexburg Richfield Rigby Riggins Ririe Roberts Rockland Rupert Salmon Sandpoint Shelley Shoshone Smelterville SodaSprings Spencer SpiritLake St.Anthony St.Charles St.Maries Stanley Star StateLine Stites SugarCity SunValley SwanValley Tensed Teton Tetonia Troy TwinFalls Ucon Victor Wallace Wardner WarmRiver Weippe Weiser  Wendell Weston WhiteBird Wilder Winchester Worley