Shopping for life insurance in Quincy IL may not be the most exciting or enjoyable activity in the world, but it's important nonetheless. After all, the right life insurance coverage can protect your loved ones down the road while providing you with added peace of mind now. As you shop, be sure to keep a few important considerations in mind.
One of the biggest mistakes you can make when obtaining quotes for life insurance is not being 100% honest on your applications. It's important that you disclose all pertinent information, such as lifestyle habits (smoking, drinking, etc.) and known medical conditions in order to receive an accurate quote for coverage. Remember that pre-existing conditions and lifestyle habits cannot keep you from buying coverage, but lying on your application can lead to denial of a pay-out down the road.
One of the biggest challenges is figuring out how much coverage you need. The key is to make sure your loved ones would have enough money to continue living a comfortable lifestyle in the event that you passed away. There are some helpful calculators available online that can help you figure out your coverage needs to get started. Some of the determining factors in your coverage may include:
There are so many different types of life insurance that knowing which type is best for you can be difficult. Some of the more common types include term and permanent coverage, though At Winters Insurance, we offer all of the following:
Now that you know what to look for when shopping for life insurance in Quincy IL, you're in a better position to find the right policy for your needs. Contact us to obtain your quote from Winters Insurance Group today!
Long-term care insurance is essential to ensuring you and your continued stability in the event on a life-changing health event, like a cardiovascular event or loss of memory. As explained by AARP , different types of long-term care insurance resident policies may cover different services, and you need to understand their key differences to make sure you have the right policy for your long-term care needs.
Have you ever though of how you would support yourself in the event of an injury? With the average worker having an almost one in four chance of being disabled before 67, the topic of disability is worthy of discussion. For example: Let's say a person who makes $50 grand a year loses ten years of work due to an injury. Ten years of work lost roughly equals out to half a million dollars (which doesn't include money spent on medical expenses). So considering the financial effects of an injury or illness, setting yourself up with disability insurance is the best way to prevent your world from turning upside down after an unforeseen circumstance. Here's a look at some of the disability insurance plans that could apply to you.