Blog
Whole Life vs Indexed Universal Life
Term Insurance vs. Permanent Insurance
As you work your way through life you will reach many milestones. From getting married to having a baby to buying your first house, these are exciting times in anyone's life. However, as amazing as these moments are, they can also come with some significant financial obligations. Unfortunately, many of these bills will stick around after you have passed away. As such, you will need to take some steps to ensure that your loved ones aren't left in financial peril after you are gone. That is where life insurance comes in.
Buying life insurance can be a smart thing to do, but the choice is not as simple as you might think. While many people need hundreds of thousands, or even millions of dollars, in life insurance coverage, others may need little coverage ‑ or none at all. If you are thinking about buying life insurance, it is important to ask yourself some questions first. Here are some critical queries that will help you determine how much life insurance you might need ‑ of if you need any coverage at all.
Everyone is unique. People come in different shapes and sizes and skin tones. We have different family heritages and different religions, or no religion, and we have different opinions and different senses of humor. But we all have one thing in common: Eventually our lives come to an end. Most of us need life insurance to make sure our families and loved ones and our final expenses are covered. Not many of us have enough savings for young spouses and children to have everything they need when we are gone without life insurance. Making sure we have the right life insurance for our families' future financial needs requires choosing the right policy by ignoring the following three common misconceptions about how life insurance works.
ife insurance is an invaluable way of protecting your loved ones in an uncertain future. However, having a policy that doesn't deliver when it's needed can almost be worse than having no policy at all, simply adding to the difficulties your family will already be facing. When arranging your life coverage, it's vital to avoid these six mistakes which can badly devalue the value and usefulness of a policy.
Life insurance tends to be inexpensive if you're young and healthy – a half‑million dollars' worth of insurance usually comes with a premium that is smaller than $20 a month, on average, if you're 30 years old and healthy. You'd pay twice as much, however, if you were 40 years old. If you take medicine for hypertension, in addition, you'd pay $55 a month. The good news is, it works the other way around, too. If you signed up for a policy a while ago, and you decide to work on your health, the improvements that you make could warrant a lower life insurance premium. You can ask your insurance company to be re‑rated. What follows are three instances in which you may have sufficient reason to ask your life insurance company to lower your insurance premiums.
Biaggi Life LLC excels at matching individuals, professionals, and home and business owners with value-driven insurance plans that sufficiently protect assets and cover liabilities.
Get In Touch
Phone: (707) 584-3482
Fax #: 855-599-8913
Email: frank@biaggilife.com
Address: 3558 Round Barn Blvd Suite 200
Santa Rosa, CA 95403
Hours Of Operation
- Mon - Fri
- -
- Sat - Sun
- Closed
CA License #0C02711
Home | Why Biaggi Life? | Our Team | Reviews | How It Works | Employee Insurance | Personalized Insurance | Blog | Contact | Privacy Policy
© 2024, Biaggi Life. All Rights Reserved.