1314903_62676029Most people don’t want to think about dying which makes it difficult for them to buy life insurance. However, everyone has to purchase a good life insurance plan to cover the family they will leave behind. We help customers in Santa Rosa purchase a life insurance policy that suits their needs.

Buying a Life Insurance Policy

Over 50% of the people in this country don’t have enough life insurance. More than 35 million households don’t have any life insurance at all. You should purchase a good life insurance plan that will help your family if you pass on. Here are some factors to consider when purchasing a policy.

Needs of Your Dependents

You will want to think about your dependents when purchasing a life insurance plan. You will need more life insurance if you have a large family. Consider your family’s expenses and purchase a policy that will cover them if you died.

Term or Whole Insurance

You’ll need to decide whether you want term or whole life insurance. Term insurance only covers you for a certain period of time. Whole or permanent insurance won’t expire unless you choose to cancel it.

Term insurance can be ideal for younger people who have a modest budget, for a young family, or a family with kids in college. Whole or permanent life insurance provides the life protection and an accumulation of cash, or cash value that can be used by you and your family later for kids’ college or retirement.

Look Beyond Premiums

You shouldn’t purchase a plan simply because it charges the lowest premiums. You will want to consider the different coverage options that the plan provides. You’ll also want to make sure that you buy your plan from a reputable company. Make sure that your term insurance is convertible to a permanent or whole policy.

Don’t Procrastinate

Most people don’t purchase a life insurance policy while they are young. they believe that they have plenty of time to find a plan in the future. You don’t want to make this mistake. Buying life insurance is dependent on your health so you might not qualify to purchase it in the future. You will save a lot of money if you buy a plan while you are still young. You should purchase a good life insurance policy today.

Work With Us

We understand that most people don’t want to think about buying life insurance. However, you need to make sure that your dependents are well taken care of. Call us and buy a great life insurance policy today.