What’s going to happen to our loved ones when we pass on?
What if we pass on sooner than expected?
How will my family survive without me and my income?
These are all serious questions that require serious thought.
What is Life Insurance
Depending on how much a person wants to spend every month, the amount that a person can be covered for will vary anywhere from $10,000 to millions.For the average Joe, a policy ranging from $10,000 to $1,000,000 is ideal, depending on how many people will need to be taken care of when average Joe is gone. A single Joe, with no wife and no kids, shouldn’t need more than $10,000 to $50,000 to pay for the settlement of final affairs and a funeral ceremony.
A middle aged man with young kids and a wife to care for may want to consider plans ranging from $500,000 to $1,000,000 in coverage to account for all the medical, educational, and other living expenses that a family of such size would incur until the children are 18-21. The life of the living spouse should also be considered, as he or she may need to meet living expenses with nothing more than the cash from the policy for several years.
What is Your Situation?
No need to travel to a local insurance agent’s office; in most cases, the entire process can take place online. Another benefit to shopping for life insurance online is that it can save policy purchasers money. Independent life insurance agents selling insurance online have access to a literal plethora of companies and policies to recommend to their potential clients. With access to so many offers, policy purchasers can rest assured that their independent insurance agent will present them with the best offers for their budget and end of life planning goals.
The Right Questions!
These questions and more may be asked by an independent life insurance agent to help the agent determine the best plans for their client to consider.Perhaps best of all, after a policy has been purchased, the independent agent who sold the policy will typically make him or herself available by phone or email to the client should they have any questions about the purchase of their policy, policy renewals, or for new policy requests as the need for them arises.
Not only will you be amazed by the simplicity of the process, so too will you be amazed by your potential savings. Shop for life insurance the convenient way, from the comfort and privacy of your own home today!