Shannon and her daughter in black and white at Massanutten Resort

Personal Life Insurance

Waht is Personal Life Insurance?

There are two main types of life insurance; term life insurance and permanent life insurance. Term life insurance simply covers you for a specified amount of time (10, 20, and 30 year policies being the most common).

  • Categories: Benefits
  • Also Known As : Term Life Insurance, Whole Life Insurance, Universal Life Insurance
  • Life insurance policies help provide security to either you or your beneficiaries after you pass away or after a designated period of time. With a life insurance policy from Nationwide, you can help secure your family's financial future by paying for college, paying off a mortgage, covering any final expenses or estate taxes, and more.

    Rates tend to go up as you age. Buying a policy when you're younger lets you lock in a lower rate.

    Personal Life Insurance Available in:

    • 23112
    • 23113
    • 23139
    • Amelia
    • Blackstone
    • Bon Air
    • Bracey
    • Brandermill
    • Charlotte Courthouse
    • Chesdin Landing
    • Chester
    • Chesterfield
    • Dinwiddie
    • Farmville
    • Goochland
    • Hallsley
    • Hanover
    • Harbour Pointe
    • Henrico
    • Isle Of Wight
    • Kenbridge
    • Keysville
    • Magnolia Green
    • Mecklenburg
    • Midlothian
    • Petersburg
    • Powhatan
    • RVA
    • Richmond
    • Scotts Addition
    • Short Pump
    • South Hill
    • Tarrington
    • Victoria
    • Williamsburg
    • Windsor Farms
    • Woodlake


    Insurance Terms to Know

    Betterment

    Betterment occurs when repair or replacement leaves property in better condition than before the loss; some policies reduce payment for it.