Life Insurance is not just a cornerstone of an excellent financial plan; it's one of the best ways to protect the people you care about.
What would happen to your loved ones if you unexpectedly passed away? Would they be able to maintain their current standard of living? How about sending your children to college? Could they support themselves with one income? It is a no-brainer to purchase life insurance if you have a child, are married, or have outstanding debt.
Life insurance helps the moments of your life live on even after you are gone. You can choose a policy to help you pay the mortgage, maintain a current standard of living, pay off debt, or even pay for your children's college education. Life insurance can be there for those you love when they need it the most.
Here are a few other reasons to have life insurance:
- pay federal death and estate taxes
- create an inheritance for your heirs
- pay final expenses
We Make it Easy to Buy Life Insurance
There are a few things to consider when buying life insurance. Do you want Term Life Insurance or Whole Life?
Don't worry if you don't understand the difference. We're here to explain it. Life insurance is based on two main variables: age and health.
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.
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.
The amount of coverage you need depends on several different variables. Here are a few examples:
- how many children you have
- your future earnings potential
- whether or not you're married
- spouses future earnings potential
- you and your spouse's age
- amount of debt you have
Ready to Get a Proposal Started?
Get an online quote below, or give our office a (248) 822-7170.