There are several reasons why you should consider getting life insurance. Firstly, it provides a safety net for your loved ones in case of your unexpected death. If you have dependents who rely on your income or if you have outstanding debts, life insurance can help cover the costs and provide ongoing financial support. Secondly, life insurance can be a valuable part of your estate planning, ensuring that your assets are distributed according to your wishes. Thirdly, life insurance can help protect your business by providing the necessary funds to keep it running in case of the unexpected death of a key employee or owner. Finally, having life insurance can provide peace of mind, knowing that your loved ones will be taken care of financially in case of your death. Considering these benefits, it is important to seriously consider getting life insurance to protect yourself and your loved ones.
-Wendy Zapata
Frequently asked life insurance questions included:
How much life insurance coverage do I need?
A common rule of thumb is to purchase life insurance coverage that is equal to 10-12 times your annual income. For example, if you earn $50,000 per year, you might consider purchasing a policy with a death benefit of $500,000 to $600,000.
How much will my life insurance premium cost?
To get an idea of how much your life insurance premium might cost, you can use online life insurance calculators. However, keep in mind that the actual cost of your premium will depend on your individual circumstances, and you should speak with a licensed life insurance agent like myself to get a more accurate estimate.
What is the difference between term life insurance and permanent life insurance?
Term life insurance is often a good choice for individuals who need coverage for a specific period, such as while they are raising young children or paying off a mortgage. Permanent life insurance may be a better choice for individuals who want coverage for their entire lifetime and are looking for an investment or savings component as well.
It's important to speak with a licensed life insurance agent like myself who can help answer these questions and provide personalized guidance based on your individual needs and goals.
Please call for a no cost consultation.
Wendy Zapata - Ca Lic. # 0F79042 - (916) 532-1165
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