What is Life Insurance?
There are many kinds of life insurance, but they all are used to cover costs in the event of a loss. When looking at Life Insurance plans you need to consider many things such as your mortgage, other debts, how to help your family replace your income, money to cover a funeral, and college for the kids. These types of conversations can be hard to have but need to be considered to protect the future of your family.
Who needs it the most?
Life insurance gives you piece of mind. There are many people that should consider one of these plans to help with the future of the ones around them. Parents of young children, Stay-at-home parents, small business owners, couples living together with a shared income, caretakers, empty nesters & retirees.
How much coverage do I need?
There are many factors that go into how much coverage is right for you. A general way to determine the right amount of coverage is to multiply your income by 10. But there are other factors that should go into your evaluation, such as the many financial obligations you have in your life.Think about your mortgage, other large debts, children’s college tuition &funeral expenses.
I already have some coverage but do I need more?
If you have gone through the lists above and have decided that you need more coverage, you can always open another Life Insurance plan to give you the proper amount of coverage so you can feel comfortable with your protection.
What are the different kinds of Life insurance?
Below are links to the three different kinds of Life insurance we offer.