Life Insurance

Life insurance is not only the cornerstone of a solid financial plan, but it’s hands down one of the most cost-effective ways to protect the people who depend on you financially. 

What would happen to your family if you were to die prematurely? Would they be able to maintain their current lifestyle? Would your kids be able to go to college? Would your spouse be able to shoulder the load with one income? 

If you have a child, are married, or carry any debt, purchasing life insurance is a no-brainer. If all three, well, hopefully, you already have life insurance.

Here are a few other reasons to have life insurance: ·     

• charitable donations
• pay federal death and estate taxes 
• create an inheritance for your heirs 
• pay final expenses

We make buying life insurance extremely simple. We have access to a wide range of life insurance companies to survey the marketplace and, based on your individual rating criteria, find the best possible life insurance policy at the best price. 

When purchasing life insurance, there are a few things to consider. Do you want Term Life Insurance or Permanent Life? If you don’t understand the difference, that’s okay. That’s what we’re here for. 

Life insurance is based on two main variables — your age and your health.

• 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 do 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