Life Insurance

What is Life Insurance?

Life Insurance is a way to give your family a financial peace of mind in case you pass away before your children are out of the house or your home is paid off or have debt.

What are the different types of Life Insurance?

► Term Life Insurance - Low cost, coverage length 10, 20 or 30 years.

► Permanent Whole Life - fixed premiums, coverage length for life, builds cash value.

► Permanent Universal Life - flexible premiums, coverage length for life, builds cash value.

How much Life Insurance do I need?

If you are buying life insurance to replace your income, it is recommended you multiply your annual income x 10 ($50,000 x 10 = $500,000).

If you are buying life insurance to pay for final expenses such as funeral cost, small debt, cars, and others. It is recommended you get a permanent plan from $15,000 to $75,000 (depends on your age and budget). 

What is the monthly cost of a Life Insurance policy?

Monthly premiums for a life insurance depends on at least 5 factors your age, sex, height, weight, and medical condition.

 

Example:

A 30 year Term Life Insurance for $100,000 

Age 35

Healthy 

Height 5'10

Weight 180

No Medical Condition

Monthly Premium

Pays around $17 a month

A 30 year Term Life Insurance for $100,000 

Age 55

Healthy 

Height 5'10

Weight 180

No Medical Condition

Monthly Premium

Pays around $93 a month

 

Call Now

For Quote

Request Free Quote

All information is kept in strict confidence.

Fill In Your Info