We do all the work shopping for Life Insurance for you.. And you save a bunch of time and Money
There are many reasons why people purchase life insurance. Some may buy coverage in order to replace lost income, while others may do so for the purpose of paying off debt. In other cases, final expenses may be the primary objective, as today, the cost of a funeral can easily exceed $10,000.
In any case, the proceeds from a life insurance policy can help your loved ones to move on – essentially allowing you to keep your promises. These promises may be to fund a child’s future college education, to ensure that your survivors’ ongoing living expenses will be paid, or to simply provide your family with peace of mind during an already emotional time.
But buying this type of coverage entails more than just setting a goal. It requires that you obtain the proper amount of death benefit proceeds, along with obtaining the right type of plan. And, while there are several different “rules of thumb” for coming up with these figures, it is often best to work with a professional in determining the actual data that you need. This is where Insurance Connection can help.
Changes in Your Life Could Signal a Change in Your Life Insurance
Even for those who already have life insurance coverage in place, a major life change could signal that you need to update your coverage. For example, a birth or death in the family, marriage or divorce, a new job, retirement, a new home, or the sale of a business – all of these events could mean that the amount of coverage you have in place should be revised.
Likewise, it could also be necessary to update the individual or entity named as the policy’s beneficiary. Doing so can remove someone who’s no longer in your life, or alternatively, can include an individual whom you want to share in the proceeds.
Life is constantly changing and moving forward. So, it is recommended that life insurance coverage amounts, as well as beneficiary designations, be reviewed at least once each year – or more often, if necessary – in order to ensure that everything is up to date.
Disability Income Insurance…Don’t Leave Home Without It
Disability Income plans offer “paycheck protection” for those unexpected life events that could leave you unable to work. It pays a monthly benefit that is tax free* to you so you can use the money as needed.
Disability Coverage may be right for you, please contact one of our experts at Insurance Connection USA for more details on how a individual disability program may be right for you.
Taking the Next Step
There are many options to choose from when determining which life insurance plan is the best for you. The ultimate decision will come down to your personal situation and your coverage protection needs.
While there is a lot of information available, it is often best to work through your options with a professional who can walk you through various scenarios and who can help you to narrow down the insurance quotes and type of policy. For additional information on choosing the right life insurance, Texas, Washington, and New Mexico residents should call or visit the nearest Insurance Connection location today.