Life insurance is an easy, inexpensive way to protect your family – and your business.
Individual life insurance is perhaps the most overlooked – and yet the most important product any of us can buy! With a life insurance policy, you can lock in a favorable financial future for your loved ones if you can’t be there for them.
If you are a business owner, proper life insurance planning for yourself and other key people can make sure the business is able to continue if the unthinkable happens.
(Scroll down to learn more, including the most important decisions when buying life insurance.)
The most important decisions when buying life insurance are:
Young parents may want a larger policy when their kids are little. They may want to make sure the mortgage is paid off, and there’s enough money so their spouse doesn’t have to rush to work to pay the bills. Retired people may want a smaller policy amount to provide ready cash for burial expenses.
Business owners may want a policy to allow the purchase of a partner’s share of the business, and to cover expenses of recruiting, temporary help and possible revenue loss. These are only a few of the many reasons people purchase life insurance policies – at any age!
There are many different kinds of life insurance. There are even policies available for people with significant health problems. Each type of insurance has its own pluses and minuses. From term life, to universal life and whole life, we’ll be happy to talk you through the options.
The premiums you pay depend heavily on your age and medical history, along with the amount you want the policy to pay out. So, it’s important to seek expert advice before committing to life insurance.
Contact us and we’ll walk you through!