Life Insurance FAQs
Q: HOW MUCH LIFE INSURANCE SHOULD I HAVE?
A: Every situation is different. I evaluate what your goals are, what your debt load is, and potentially what you future needs would be, and then we plan from there.
Q: WILL I HAVE TO TAKE A MEDICAL PHYSICAL TO GET LIFE INSURANCE?
A: Yes, in most cases you will. The life insurance company needs to assess your health to see whether they will be able offer you life insurance coverage, and also what premium to charge for that coverage. Your health plays a major part in life insurance coverage.
Q: HOW MUCH DOES LIFE INSURANCE COST?
A: Well there are different types of life insurance depending on what suits you best. Generally premiums for life insurance are less than what most people think.
Q: WHY SHOULD I HAVE LIFE INSURANCE?
A: Protecting your family and their future is one of the top reasons, however there are many reasons why you should have life insurance. Paying off debt, replacing the income of a spouse, and protecting a business or the farm are just a few.
Q: HOW DO I GET LIFE INSURANCE, OR WHERE DO I FIND LIFE INSURANCE?
A: Talk to an independent life insurance agent like me. I can help you through the whole process of getting life insurance.
Q: When should I get life insurance?
A: There are many factors that go into a proper answer to that question. Here are a few things to consider below. But if you want to have a laid back conversation - and discuss your specific situation, please contact me. I am here to help and be your best guide!
- When others depend on you financially—or you have significant debt—it's crucial to have life insurance.
- The sooner you purchase life insurance, the lower your rate will be, as it becomes more expensive with each passing year.
- A term life policy is cheaper but only lasts for the length of the policy term (for example, 20 years) and doesn't feature a cash value component.
- Permanent life insurance has a cash value aspect. Holding the policy for longer lets that cash value grow over time.
ANY OTHER LIFE INSURANCE QUESTIONS?
I'm happy to answer any other questions that you may have.
It's as easy as calling, texting, or emailing me. Thank you!
It's as easy as calling, texting, or emailing me. Thank you!