FAQ Page
Why should I consider life insurance?
Every few seconds, a family faces the sudden loss of someone they depend on financially. If something happened to you unexpectedly, your life insurance could provide your loved ones with a significant amount of money. This lump sum can help them manage the financial challenges of moving forward without you.
Life insurance is a cornerstone of financial planning. It provides peace of mind, ensuring that your loved ones are financially secure in the event of your untimely passing. It can help cover funeral costs, debts, and provide ongoing living expenses for your family, helping them maintain their standard of living.
How much life insurance coverage do I need?
The amount of life insurance you need depends on your personal and financial circumstances. A general rule of thumb is to have coverage that’s 10-15 times your annual income. However, consider your debts, your family’s future expenses (like education), and any other income sources they might have when determining the right amount.
Talk to one of our agents to determine the best policy for you, don’t be in the dark, our agents are on hand to help ensure you’re informed and provide you with the knowledge to make the best decision for you and your families future.
Is life insurance really necessary for me?
If you have dependents or financial responsibilities, life insurance is essential. It ensures that your financial obligations are met and your family’s future is secured in your absence. Single individuals might also benefit from life insurance to cover personal debts, medical bills, or funeral expenses.
Don’t leave it down to chance, don’t be remembered as the one who left your family strapped with debt – secure your family’s financial safety, speak with one of our specialists today.
Do life insurance policies actually pay out?
Yes, life insurance policies do pay out, provided the policy is in force at the time of the policyholder’s death and the claim falls within the terms of the policy. Insurance companies are committed to honoring valid claims, offering financial support to beneficiaries when they need it most.
What are the different types of life insurance available?
The two main types of life insurance are term life insurance, which provides coverage for a specific period, and permanent life insurance, which offers lifelong coverage and typically includes a cash value component. Within these categories, there are various products tailored to meet diverse needs, such as whole life, universal life, and variable life insurance.
Speak with one of our agents to determine the best type for you.
Can I afford life insurance?
Life insurance policies come in a range of coverage levels and premiums, making it possible to find a policy that fits your budget. Term life insurance, for instance, offers affordable rates for substantial coverage. It’s worth discussing your needs and budget with an insurance professional to find a suitable policy.
Our specialists will work closely with you to ensure you find the best policy for your budget.
How does the life insurance application process work?
Applying for life insurance involves choosing a policy, completing an application, and often undergoing a medical exam. Thankfully, with our new process the need for a medical exam is no longer required. The insurer will assess your health, lifestyle, and other risk factors to determine your premium rates. The process is straightforward, and advisors are available to guide you every step of the way.
Hit the “Get Quote” button to complete a short survey and be connected with an independent advisor who can help guide you to the perfect policy.