Life Insurance

from Fox Insurance Agency

Life Insurance

When thinking about insurance, life insurance in Portland, OR can easily be put on the back burner, but life insurance can be just as important as auto or home insurance.

At Fox Insurance we understand the importance of life insurance and the role it should play when planning your finances. When considering your options to insure your life, there are many choices. 

Life insurance can provide you with the comfort that your loved ones will be taken care of in the event something should happen to you.

Some life insurance policies also have the ability to provide benefits while you are still living.

Making sure that you have the right type and amount of life insurance can be difficult.  Speak with a professional today at Fox insurance for a free quote and consultations.  Let us take the worry out of the future by ensuring you have the proper amount of life insurance and that your loved ones will be taken care of when you are gone.

Advantages of the Death Benefit

  • The income-tax free money it provides can be used to pay funeral expenses, debt, tuition, estate taxes or any other financial need left behind.
  • Can provide business security 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 life insurance policy is tax-deferred1, which means you do not pay taxes on the growth of the cash value unless the money is withdrawn.

Loans2 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.

Fox Insurance has been working with Oregon residents (Portland, Tigard, Aloha, Beaverton) to help them find life insurance options for many years. 

Let Fox Insurance Expertise in Life insurance help you find the Life insurance policy that is best for you.

Office Located at:

8040 SW Hall Boulevard, Suite 100 Beaverton OR 97008

(1) Accumulated growth may be taxable upon withdrawal. If the policy is a Modified Endowment Contract (MEC), tax penalties may apply prior to age 59 ½. Consult a tax advisor on your specific situation.

(2) Policy loans and withdrawals reduce cash value and the death benefit and may be subject to other charges outlined in the contract.