Get The Best Life Insurance Policy Coverage From Companies You Can Trust

Life Changes & Your Policy Should Too!

The right life insurance policy is unique to your financial and personal needs. There are no one-size-fits-all policies. As your life changes and your family grows, your life insurance coverage may also need to change in order to reflect your life’s current needs. Make sure you get a policy review every time your life changes.

Like you, most people get life insurance for the following reasons:

• You are married – Like most spouses, you would like to make sure your wife or husband does not struggle financially when you pass on or in the event you are diagnosed with a chronic, critical or terminal illness. A well thought out life insurance policy will replace your income while you are still alive in the event of an illness and can not work.
• You recently got divorced – after a divorce you would want to make sure that your children or parents (if living) will not struggle financially in the event of your death. You would also want to make sure that in the event you would lose you life insurance coverage from your job or lose your job in the event you are diagnosed with a chronic, critical or terminal illness, you would still be in a position to take care of your bills.
• You are a parent – As a parent you have future plans for your family. You buy a home so that they are comfortable for years. You plan family vacations. You plan ahead for your children’s college education, first car, high school graduation etc. If something were to happen to you and you pass on, would you want your family to be able to pay the mortgage on the home without struggling? Would you want your children plan of going to college and getting their first car come to fruition? Life insurance will help you take care of all this plans.
• You recently became a grandparent – Most grandparents have a soft spot for their gran children and want to leave a legacy. Life insurance will help you leave a financial legacy to your children.
• You recently purchased a new home – Now you have a mortgage. With the right life insurance, you can protect the equity of your home. Most families loose their homes when the bread winner falls ill and cant work. With the right type of life insurance you can protect your family from losing your home if you ever get a critical, chronic or terminal illness. If you passed on, your life insurance policy would give your family time to sell the home if that’s what they so wish to do or pay off the mortgage and stay in the home.
• You recently refinanced your home mortgage – Now you have a new mortgage, its time for a new equity protection plan with a well customized life insurance policy.
• You are renting – In the event of your death, would you want your loved ones to be in a financial position to pay rent and not get kicked out by the landlord? You can get a customized life insurance policy that will help them pay rent for as long as you wish and also help them move to a different rental if they so wish. Now think about this, what if you would fall ill unable to work, would your loved ones afford to pay the rent? The last thing you want is to have your family take care of you financially when ill while you had the chance to plan ahead with a life insurance policy that would pay your bills while you are still alive in the event of an illness.
• You are a business owner – As an owner you are critical to your company and you want to protect your business financially in the event of your death or you become disabled. This is very important, considering that 69% of small businesses rely on just one or two people to oversee day-to-day operations.
• A dependent requires special care – If you have a child or spouse who requires special or long term care in your home and you are financially paying for that care either fully or partially, you need to make sure that in case you died, got ill or disabled and cant work, their care will still be paid for. A custom life insurance policy can help you plan ahead.
• You’re providing financial assistance to a parent – Most of us have had to take care of our aging parents at one time or another. It is a service of pure love. You want to make sure that your aging parents will NOT have to result to poor housing, poor care or unhealthy food due to financial restraints in case of your death or illness or you got disabled.

Can I Get Coverage With Pre-existing Health Issues?

Life insurance companies understand that some people may have pre-existing health issues and they have made their underwriting incredibly lenient to cover people with pre-existing health issues.

Most common health issues are:

The life expectancy in the US is 78.8 according to Wikipedia. Life Insurance gets more expensive with age. If you do not have any life insurance, I would recommend you get a policy because it will cost you more when you are a year older. As you get older you are also more likely to have additional health issues that could increase your monthly premium payments. Getting life insurance at your current age right now will save you money.