Life is a crazy ride, full of unexpected joys and precious memories. For residents in California, these moments may include driving up Highway 101, hiking in the Mt. Shasta area, or a trip down Hollywood Boulevard. No matter where your unforgettable moments happened, leaving behind a legacy for your family is important. Death is an unfortunate fact of life -- everyone dies -- which makes life insurance a difficult subject. However, life insurance can make a tragic situation easier, by providing for your family after you're gone.
With these statistics in mind, it's plain to see that it's important to have enough life insurance in place to ensure your family's financial future.
Life insurance is a policy that offers a benefit to the designated beneficiaries upon the death of the policy holder. Many types of life inurance policies are available. Below is a list of the most common types of life insurance:
Insurance companies realize that life insurance policies are not one-size-fits-all. Different situations require different coverages. Below is a list of additional insurance types that may benefit you:
Many different life insurance options are available, so before signing on the dotted line, it is critical to compare life insurance quotes and speak with your agent when trying to get the best coverage for your individual situation.
A recent survey by the Life Insurance and Market Research Assocation asked individuals what they believed a 20-year, $250,000 term life policy for a healthy 30-year-old would cost. 80 percent of respondents said $400. The correct answer? $150. Life insurance is an affordable way to ensure the financial future for your spouse and children.
There are many factors that go into calculating your individual rate. When you're shopping for life insurance, be prepared to answer the following:
All of these factors, plus many more, will be used to give you a life insurance policy quote that's tailor-made for your needs.
While there are no conventional discounts on life insurance, such as multi-policy or good driver discounts, there are ways to save money on your life insurance. Below is a list of some smart ways to save when shopping for life insurance in CA:
These are just a few ways to save on the bottom line when it comes to life insurance. Speaking with an agent will help get you a more concrete plan of savings and options before purchasing a life insurance policy.
When you decide to start shopping for life insurance quotes, it's a wise idea to get quotes from a local professional. A Trusted Choice® agent is always available to help you find coverage, suggest ways to save, or even help you file a claim. Trusted Choice agents are committed to getting you the best coverage at the right price for your family and budget.