Underwood Anderson & Associates Incorporated - OLiver Sumlin - Pensacola, FL

Underwood Anderson & Associates Incorporated - OLiver Sumlin
2302 N 9th Ave
Pensacola, FL 32503
Phone:850-434-5526
Fax:850-438-0330

We are Independent Insurance Agents. We do not work for an insurance company; we work for you. We work on your side when you have a loss and follow through to see that you get a fair settlement of all claims.

Being independent allows us to quote insurance premiums from many different companies to find the best service & prices available to you. Over the years, we have gained the expertise to match the right person to the right insurance company. This is our strength. We offer a complete evaluation of your insurance needs by matching your requirements with a total insurance solution.

There are many kinds of life insurance, but they generally fall into two categories: term insurance and permanent insurance.

Term insurance is designed to meet temporary needs. It provides protection for a specific period of time (the "term") and generally pays a benefit only if you die during the term. This type of insurance often makes sense when you have a need for coverage that will disappear at a specific point in time. For instance, you may decide that you only need coverage until your children graduate from college or a particular debt is paid off, such as your mortgage.

In contrast, permanent insurance provides lifelong protection. As long as you pay the premiums, and no loans, withdrawals or surrenders are taken, the full face amount will be paid. Because it is designed to last a lifetime, permanent life insurance accumulates cash value and is priced for you to keep over a long period of time.