Life
Life Insurance in Florida
Life insurance is peace of mind for the people you love.
It's not just about money- it’s about making sure your family can move forward, even if the unthinkable happens. Whether it's covering funeral costs, replacing lost income, or securing your child’s future, life insurance helps provide financial stability during life’s most difficult moments.
At Ted Todd Insurance, we help you understand your options, choose the right policy, and make sure it fits your goals- not just your budget. We will help you find the best life insurance in Florida!
What Is Life Insurance?
Life insurance is a contract that pays a tax-free lump sum (the death benefit) to your chosen beneficiaries when you pass away. That money can be used for:
- Funeral and burial expenses
- Mortgage payments or rent
- Day-to-day living costs
- College tuition
- Medical bills
- Leaving a legacy
Types of Life Insurance
We help you find the right fit based on where you are in life and what you want to protect:
- Term Life Insurance- Coverage for a specific period (like 10, 20, or 30 years). It’s the most affordable option and ideal for people who want to protect their family during high-expense years (like raising kids or paying off a mortgage). If you pass away during the term, the policy pays your beneficiaries.
- Whole Life Insurance- A permanent policy that lasts your entire life. It builds cash value over time that you can borrow against, and premiums stay the same for life. It’s often used for estate planning, legacy gifts, or long-term financial strategy.
- Universal Life Insurance- A more flexible version of whole life. It also builds cash value but allows you to adjust your premium payments and coverage as your needs change over time.