Life insurance is definitely one of those subjects that no one likes to talk about. Let’s face it, we don’t want to think about our death and the toll it will put on our loved ones.
That being said, imagine how awful it would be if you passed away without it! Yes, Life Insurance is on the must have list for sure.
There is an old saying –
Common Life Insurance Questions
What are the common questions when it comes to securing life insurance?
- How do I get life insurance?
- What type of policy do I need?
- How much coverage is enough?
- What does it cost?
- Who should be my beneficiary?
- What about taxes?
These are just a few of the questions related to putting life insurance in place. On the other hand, securing and understanding life insurance doesn’t have to be complicated. Lets take a minute and answer a couple of these questions.
How do I get Life Insurance?
In this day and age you can secure a policy a number of ways. You can purchase online, speak with an agent on the phone or meet with an agent in person.
Here at Life Choice Advisors you can do any of the three options. Even so, we always recommend a ‘needs analysis’ to help our clients determine the best fit for them.
What type of policy do I need?
Several factors play into this answer – What is your goal with the policy? What stage of life are you in now? What are your financial obligations now, when will they change? Do you want it for 10 or 20 years or maybe something permanent?
Go to this article. This will give you a good start on gathering the information you need to make an informed decision.
Having life insurance in place offers tremendous peace of mind. You just want to make certain you are covered properly.
In my opinion, doing your research is key. Check out this website, look at the blog articles, follow the links, read what others have to say.
If you have questions contact us, we are here to help.