Life Insurance in Mississippi and Tennessee

A life insurance policy is a critical component of any sound, long-term financial plan as it provides protection for family members, businesses (where applicable), and final arrangements in the event of a person's death, premature or otherwise.

Sometimes, our clients are unsure of making such a long-term decision with life insurance but know that you live in one of the best states that ensure policyholders are protected. The state of Mississippi has enacted laws that guarantee that your life insurance policy cannot be canceled for any reason. It won't be canceled so long as you have been with them for two years, and the Mississippi Life Guaranty Association will back your policy up to $300,000 in the event of the insurer becoming insolvent for any reason.

For laws concerning life insurance in Tennessee, please contact our office.

Common Types of Life Insurance

At Storey Insurance in Senatobia, MS, we work hard to get our policyholders the best terms at the best rates for their needs. In doing so, we offer the following three common types of life insurance:

• Term Life Insurance - This provides financial protection for a given time. This is less expensive than other options and a good choice when you need something today but are open for flexibility tomorrow.
• Whole Life Insurance - This is a type of permanent life insurance that will be enacted for the whole of your life so long as the premiums are met.
• Universal Life Insurance - This is a type of permanent life insurance but has unique features like the ability to build cash value and earn interest.

Contact Storey Insurance to Learn More and Get Help

We understand that researching and choosing life insurance policies can be a hard and overwhelming decision. At Storey Insurance in Senatobia, MS, our friendly and experienced team is here to help guide you through the many types of life insurance policies. We can help you determine the best solution for your current and future needs and ensure your loved ones are adequately protected.