Huntsville Alabama Life Insurance

Your Complete Guide to Huntsville, AL, Life Insurance

(Find the right life insurance policy for you)

The average life expectancy for a Huntsville resident is 77.6 years, while Alabama’s is 75.4 years. Huntsville locals, on average, live longer than the state and national median. However, less than half have a life insurance policy. This means that your loved ones may not be financially ready to support themselves with an untimely death. A life insurance policy will make sure that the ones you care about will be financially secure in the event of your passing.

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 for you, so you can be sure to make a smart choice. Contact an insurance agent near Huntsville to get started finding the right life insurance policy for you.

What Can Huntsville, Alabama, Life Insurance Do for You?

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

The 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 Huntsville life insurance policy will help your dependents. However, if you find that you are in need of the funds accumulated for your policy at any time, with the right policy, you are able to use the funds that you need to cover debts.

Reasons to Have Life Insurance in Birmingham, AL

In the event of an untimely death, it is important for residents of Huntsville to protect their loved ones and dependents from financial burdens with an investment in life insurance. This policy is really 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. It is favorable to purchase this policy while you are still youthful, 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 age life expectancy states in the country. The good news is that residents in Huntsville on average live a longer life, however, it is important to be prepared for an untimely death. Below are the top five causes of death in the state each year.


Top 5 causes of death
1Heart Disease13,110 deaths
2Cancer10,410 deaths
3Chronic Lower Respiratory Diseases3,484 deaths
4Stroke2,931 deaths
5Accidents2,703 deaths

Average Funeral Costs

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

Types of Life Insurance Policies

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

Term Life Insurance

Term life insurance is a great place to start if you do not currently have life insurance. This policy is the less expensive option and is designed to provide coverage during times that 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 with 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 are older or sick.

Permanent Life Insurance

Permanent life insurance is an umbrella 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: This policy is characterized by its unbounded pricing structure and flexible premiums. Any time you make a payment towards 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 Huntsville, AL, Insurance Agent

A local independent agent in Huntsville 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.

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