Get a Quote From Expert Life Insurance Companies In Miami

Ensure Your Loved Ones Are Protected in the Future With a Miami Life Insurance Policy.

We'll Guide You Through The Process

Thinking about purchasing a life insurance policy can be an emotional decision. You don’t want to think of a time when you’re not around your loved ones. However, you can continue to provide for them after you’re gone with a comprehensive life insurance policy. 

Caley Insurance is one of the leading life insurance companies in Miami. We work closely with our clients, helping them choose the right coverage to fit their families and needs. 

Get in touch with us to learn more about your options and to request a quote for life insurance in Miami. 

What Is Life Insurance?

When you purchase a life insurance policy, you pay premiums monthly or annually to your insurance company. After you pass away, the company will pay a lump sum to your beneficiaries. Your chosen beneficiaries can use the money for whatever purpose they’d like. 

Some common things people use life insurance payouts for include:

  • Funeral costs 
  • Mortgage payments
  • Everyday bills
  • College fund

Life insurance provides your family with a safety net after your passing. There are two common types of life insurance policies — permanent life and term. 

Permanent Life Insurance

If you’re looking for an insurance policy that provides lifelong coverage, you’ll want permanent life insurance. Premium costs for this type of insurance tend to be more expensive than other options. 

Permanent life insurance can last for the duration of your life. It can also build cash value, serving as a type of savings account. Some types of permanent life insurance include:

  • Universal life insurance 
  • Final expense insurance 
  • Whole life insurance 
  • Variable life insurance 

Term Life Insurance 

A term life insurance policy can last up to 40 years. They’re an affordable life insurance policy option.

This type of life insurance provides coverage for a certain length of time. Your premium amounts will stay the same throughout your policy’s duration. 

Your beneficiaries can make an insurance claim if you pass away within the term of your policy. They’ll receive a tax-free lump sum. 

You can renew your term life insurance policy if it expires before you pass away. You can typically renew it in one-year increments after that point. The premiums will gradually increase with each additional renewal. 

How Much Does Life Insurance Cost in Miami?The cost of life insurance depends on various factors. One thing that affects the cost is how much you want your policy to be worth. 

You can receive discounts for various lifestyle choices. These include being in good health, a non-smoker, and at a healthy weight.