Virginia and Maryland Life Insurance 

At Long and Foster Insurance our agents are happy to go beyond the typical Virginia insurance agencies. Our goal is to be the insurance leaders you can rely on to protect what is most important to you.

From providing you with reliable Virginia auto insurance, home and business coverage, we are prepared and awaiting the chance to take it to the next level by insuring your most valuable commodity, your life.

We know that finding the right Maryland life insurance program can be an arduous task, but we are here to offer our assistance. From having to weigh the pros and cons of term life insurance versus whole, universal and variable and beyond, it can be easy to get lost in the shuffle.

At Long and Foster Insurance we want to help you navigate your way through the tough, but crucial, policy decisions to secure you a tailored VA life insurance plan you can rely on.

Term life insurance, whole life insurance, universal life insurance, variable life insurance, survivorship insurance… the list and combinations seem endless. At Long and Foster Insurance we want to help you determine which Virginia or Maryland life insurance policy type is right for you!.

Term Life Insurance Basics:

• Coverage for a “term” or period of your life.
• Lower premiums for higher coverage.
• Rates can change after specific terms expire.
• No equity – cannot be used as cash value.

Whole Life Insurance Basics:

• Exactly like it says – permanent, not for a specific period.
• Protection carries with you your whole life.
• Can build equity and have cash value.

Higher premiums than term life, but can be more valuable in the long run.

Term and Whole Life Combined:

• Build lifelong base of whole live coverage.
• Supplement specific times of your life with term insurance.

When to choose term life?

Most people choosing term life have a strategy for long term net worth. They need specific coverage for a period of their lives to protect debt, loved ones, and children. For a homeowner with children it may make more sense to have a term life policy that covers the mortgage and living requirements until their children are old enough to provide for themselves – in this case the term would expire around the time your children move out.

When to choose whole life?

Whole life can be used in the retirement years as cash assets. It can provide equity for loans and have fixed payments that do not increase with time. Often times whole life policies will pay dividends - although not always.

With a variety of alternatives and policy possibilities it’s understandable that you may feel a bit anxious. But remember, life insurance is all about you, and you are certainly worth insuring! Give us a call and let one of our expert life insurance specialists get you started on the right path. Contact Long and Foster Insurance for more information and get a free Maryland life insurance quote today!