Frequently Asked Questions: Life Insurance
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How much life insurance do I need?
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The amount depends on factors such as income, debt, mortgage balance, family size and future financial goals. We can help you determine the appropriate coverage amount.
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What is the difference between term and whole life insurance?
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Term life insurance provides coverage for a specific period and is generally less expensive. Whole life insurance provides permanent coverage and includes cash value growth.
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Can I get life insurance if I have health conditions?
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Many insurance carriers offer coverage options for individuals with various health conditions.
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When is the best time to buy life insurance?
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Generally, the younger and healthier you are, the lower premiums may be. However, life insurance can provide valuable protection at any age.
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Do I need life insurance if I have coverage through work?
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Employer provided coverage is often limited and may not be portable if you change jobs. Individual life insurance can provide additional protection and long term security.
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