Over the past 15 years I have ran into many different types of clients; over-insured, under-insured, non-believers (in insurance), beginners etc. The two most common questions that I have ran across are:
Do I even need life insurance?
How much life insurance do I need?
The answer to the first question is simple. If you have bills, car loans, dependents, or a mortgage then you need life insurance. Also, if you are the primary earner and/or your income is necessary to maintain your household or your family's cost of living then you need life insurance.
I'll be a little blunt in saying that it doesn't matter whether you think that nothing is going to happen to you any time soon. Unfortunately, none of us have that control and we never know what tomorrow brings. So just thinking that you are not going to die isn't a solution. Again, if you have those things listed above or you have dependents then life insurance needs to be a part of your financial plan.
Second, how much do you need? This question is a little more complicated. There are a lot of variables that come into play here. Do you have a spouse? Do you have children? If yes, how old are they? Do you have parents that rely upon your income? Do you own a business? Do you have a sizable estate?
These are all questions that are important in determining the amount of insurance that a person might need. We have a Life Insurance Needs Calculator here on this site that you can refer to, however, the best way to figure out how much life insurance you would need is to speak to an agent at Aultium Insurance Services. I know that this might sound threatening or overwhelming but you don't have to commit to an agent to come over to your house and try to sell you a multi-million dollar policy. Many agents, including Aultium agents can get you prices or work with you through emails or phone calls.
LIMRA surveys have show that most people who don't have life insurance, have not purchased life insurance, because they don't know where to get it or how much they need. Let us help you! Don't put your family's future in jeopardy because the task of looking for life insurance might be a little daunting. We can make this process easy. Take a few minutes and fill out the "Free Quote" form above and we can get you whatever information you need. Don't put it off because when life insurance is really needed, it can't be purchased at any price.