Mobile Alabama Life Insurance

Your Complete Guide to Mobile, AL Life Insurance

(Find the right life insurance policy for you.)

Mobile, Alabama Life Insurance

Only 54% of Americans have life insurance, and Alabama ranks 35th in the country for policies per capita. This means that more than half of the state’s current residents may not be financially ready to support themselves if a loved one dies. Mobile locals can make sure that the people that they care about will be financially secure in the event of their passing with life insurance.

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 in or near Mobile to get started finding the right life insurance policy for you.

What Can Mobile, 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 is why it's important to make sure that your Mobile 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 Mobile 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 will be able to get the funds you need to cover your debts.

Reasons to Have Life Insurance in Mobile, AL

In the event of an untimely death, it is important for residents of Mobile 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 best to purchase this policy while you are still young, so 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. Below are the top 5 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 variations in 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 cover this expense.

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 with 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: This policy is characterized by its unbounded pricing structure and flexible premiums. Any time 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 Mobile, AL Insurance Agent

A local independent agent in Mobile 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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