How Much Life Insurance Do I Need?
A mistake that we often see people make is basing their life insurance coverage on a guess, or just grabbing a number out of thin air without realizing what the impact of inflation could have on their life insurance proceeds.
Types of Coverage:
1 Term Life Insurance
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This plan provides coverage for a set number of years. You can lock in your rate for the entire term period, which makes it more affordable.
2 Whole Life Insurance
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A type of permanent life insurance that provides coverage for your entire lifetime. Whole life also includes a savings component that builds cash value over time.
3 Universal Life Insurance
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Another permanent life insurance option, providing coverage for your entire life. It offers more flexiblity than a whole life policy, and offers a saving component that grows and allows for borrowing.
4 Final Expense Life Insurance
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Also known as burial insurance, is a type of whole life insurance that offers a smaller and more affordable death benefit designed to help you cover funeral expenses, medical bills, or outstanding debt.
5 Additional Coverages We Offer:
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Mortgage Protection
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Index Universal Life
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Supplemental Life
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Survivorship Life
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AD&D Insurance
One of the benefits of working with an independent agent like us is that we can sit down, and through a comprehensive needs analysis, determine the exact amount of coverage you will need to protect the people who depend on you.
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The amount of coverage you need depends on a number of different variables. Here are a few examples:
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how many children you have
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your future earnings potential
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whether or not you’re married
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spouses future earnings potential
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you and your spouses age
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amount of debt you have
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How to get started on your Life Insurance quote
To get started on your quote, call our office or request a quote online today.
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Either way we’ll make the process simple.
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