Fort Payne Alabama Life Insurance

Find the right life insurance policy for you.

Written by Emily Colosimo
Written by Emily Colosimo

Emily Colosimo is an insurance writer from She has been a writer since 2014 with a bachelor's degree in Public Relations. Emily has advanced her copywriting and SEO skills with prior work at multiple non-profit organizations around the world.

Richmond Hill Business Insurance

The average life expectancy for a Fort Payne resident is 74.2 years, while Alabama’s is 75.4 years. Fort Payne locals, on average, live a shorter life than the state and national median, with less than half owning a life insurance policy. This means that your loved ones may not be financially ready to support themselves in the event of an untimely death. A life insurance policy will make sure that the ones you care about will be financially secure if you pass.

Purchasing life insurance is made simple when you use an independent insurance agent. A local agent will guide you through the many different coverage options and policy types available to you, so you can be sure to make a smart choice. Contact an insurance agent in or near Fort Payne to get started finding the right life insurance policy for you.

What Can Fort Payne, Alabama, Life Insurance Do for You?

Accidents are the 5th leading cause of death in Alabama. You never know when an untimely death will occur. That's why it's important to make sure that your Fort Payne life insurance policy is in order so your loved ones will be provided for.

A life insurance policy will help your loved ones financially so they can focus on healing. Your life insurance policy will provide funds for things such as:

  • Paying for college tuition
  • Covering your funeral and burial costs
  • Donating to your favorite charity

You get to choose how your Fort Payne life insurance policy will help your dependents. However, if you find that you are in need of the funds accumulated in your policy at any time, with the right policy, you'll be able to use those funds to cover your debts.

Reasons to Have Life Insurance in Fort Payne, AL

In the event of an untimely death, it's important for residents of Fort Payne to protect their loved ones and dependents from financial burdens with an investment in life insurance. This policy is especially beneficial for new families, homeowners, and anyone who is relying on them for income.

Most importantly, the younger and healthier you are, the less expensive life insurance will be in Fort Payne. It is best to purchase this policy while you are still young, so that the rate is affordable, before an unforeseen turn of events happens.

Alabama Mortality Statistics

The national average for life expectancy is 78.5 years, while Alabama’s is 75.4 years. Alabama is rated the 48th state for life expectancy in the nation, making it one of the lowest states in the country. Residents in Fort Payne have a lower life expectancy than the average, so it's important to be prepared for an untimely death. Below are the top 5 causes of death in the state each year.

  1. Heart Disease: 13,110 deaths
  2. Cancer: 10,410 deaths
  3. Chronic Lower Respiratory Diseases: 3,484 deaths
  4. Stroke: 2,931 deaths
  5. Accidents: 2,703 deaths

Average Funeral Costs

These days the average funeral can cost upwards of $15,000. Of course, there are variations to the price but some costs are just unavoidable. Its important to make sure that your loved ones are left with a life insurance policy that will help them through this expense.


Save on Life Insurance

Our independent agents shop around to find you the best coverage.

Types of Life Insurance Policies

There are two major types of life insurance policies available: term life insurance and permanent life insurance.

Term Life Insurance

Term life insurance is a great place to start if you don't currently have life insurance. This policy is the less expensive option and is designed to provide coverage during times when you really need financial security. This policy is typically chosen by new families or people who have just bought a house.

This policy is available in varying time periods and is flexible in meeting your changing needs. However, at the end of your term you will no longer have the policy and can purchase a new policy. You may find it difficult to find affordable coverage if you're older or sick.

Permanent Life Insurance

Permanent life insurance is an umbrella term for different types of life insurance policies that never expire. These policies include:

  • Whole life insurance: This policy is paid out to the beneficiary or beneficiaries upon the insured’s death. In addition to being covered your whole life, it also contains savings where cash value may accumulate. The policyholder can access this cash while alive, if needed.
  • Universal life insurance: This policy is characterized by its unbounded pricing structure and flexible premiums. Anytime you make a payment toward this policy, part of it goes into an investment account and you receive the interest. This policy is paid out to the beneficiary or beneficiaries upon the insured’s death.

Get Help from a Fort Payne, AL, Insurance Agent

A local independent agent in Fort Payne can help guide you through your various options and answer your life insurance questions. Your agent will compare multiple rates from different insurance companies to make sure that you get the most affordable and best coverage policy for you. Contact a local independent agent near you to get started.

Share this page on Twitter Share this page on Facebook Share this page on LinkedIn