Understanding Waivers Of Premium
Posted: October 22, 2019
If you are purchasing a life insurance policy, one of the decisions you will need to make is whether to add a waiver of premium rider. A waiver of premium may be a valuable addition to your policy, depending on your needs. Our experienced agent will be happy to advise you on the various optional riders available, including waivers of premium. What Is A Waiver...
Will Quitting Smoking Lower My Life Insurance Premiums?
Posted: October 7, 2019
There are many reasons to quit smoking, and reducing the cost of life insurance is one of them. When you kick the habit, you save money not only on the cost of cigarettes and healthcare, but on life insurance premiums as well. If you are ready to quit, talk to our friendly agent about how and when it will get you better life insurance rates....
How Much Life Insurance Do You Need?
Posted: October 6, 2017
How to Calculate Your Life Insurance Needs It's hard to generalize when it comes to life insurance. What one family needs may differ drastically from what another family in similar circumstances requires. How can you know if you have enough? One way to determine how much life insurance you need is to peg it to 10 times your yearly income. This method, however, doesn't provide...
Life Insurance Costs Less Than You May Think
Posted: July 31, 2017
Life Insurance Costs Less Than You May Think Many people avoid purchasing life insurance, especially later in life, because they think it will be too expensive. Not necessarily. According to a 2016 study by Limra, 30% of US households do not have life insurance, and even those households with life insurance only have enough to replace three years of income. Although it depends on your...
Life Insurance When You Are Older?
Posted: August 28, 2016
5 Reasons Why Retirees May Need Life Insurance If you're retired, your house is paid off, and your children are self-sufficient, is there any reason to continue carrying life insurance later in life? Perhaps not. Generally speaking, life insurance is intended to replace lost income if you die prematurely; if you're no longer working, there's no income to replace. But before you let your policy...
