How To Get The Best Deal On Florida Life insurance

Use An Agent To Shop For You – We will Shop, Compare, and Bargain.  Once you have decided on the type of coverage you need, don’t just sign up for the first plan that crosses your path. Let us review the options and terms so you make an educated decision. This will help you to get the greatest coverage at the lowest possible price.

Opt for Term Life Insurance – The quickest way to lower your life insurance premium is to opt for a Term Life Insurance policy instead of a whole-life policy. The idea is to keep insurance as what it is, and not turn it into an investment product. Thus, you can get yourself insured under a Term Life policy at a fraction of the cost of a whole-life scheme with typically the same coverage amount. However, do not forget that Term Life Insurance covers you only for a pre-defined period of time.

Keep yourself Fit – Be a low risk proposition for your insurance provider by maintaining a healthy lifestyle and keeping yourself free from addictions such as smoking, drugs, and alcohol. A good health record will result in considerable reduction in your life insurance premiums.

Consult an Independent Insurance Agent – To reduce your life insurance premium, the easiest thing you can do is to consult a good Insurance agent. Since the agent will be a pro in the insurance marketplace, he/she would be able to get you to the most affordable deal in line with your coverage requirements. A good independent insurance agent will compare different market rates for you and will also negotiate the best rates on your behalf.

Start at a young age – Insure yourself at a young age. Life insurance premiums at a young age are only a fraction of what they will be when you are well into your middle-age. The premise is young and healthy people are the lowest risk segment. The low mortality risk is a great incentive for insurance companies to insure you at lower premiums

Amberg Insurance Center, Inc. was established in 1974 to serve the growing insurance needs of the many businesses and individuals located in the Charlotte and surrounding counties. We take pride in the quality service provided to our customers, our community concern, and our commitment to the overall development of our employees.

Next month we will cover Universal Life

 

The True Value of Florida Life Insurance

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Florida Life Insurance?

Are you one of those people who think you don’t need Florida life insurance? Please think again. Life insurance has been a part of estate planning in the United States for many years. Although life insurance does not need to be a part of every person’s estate plan, it can be useful, especially for parents of young children and those who support a spouse or a disabled adult or child. Life insurance provides real security for those you care about. Life benefits can provide financial security and resources for your family or loved ones after you are gone.

Let’s look at a few of the reasons to consider Florida life insurance: 

  1. Payment on Debt- If you have any outstanding debt (like a mortgage) at the time of your death, it does not go away. Your estate will still be responsible to settle all accounts.
  2. Continuation of Income- Life insurance can provide the funds to replace your income upon your passing. Family income will certainly diminish and there’s a very good chance that your family will experience a lower standard of living.
  1. Unpaid Medical Expenses- It is highly likely that you will have medical expenses prior to your death; some of which may not be covered by health insurance. Adequate life insurance proceeds ensure that these final expenses are well taken care of.
  1. Funeral Expenses- Most people don’t plan or fund their funeral expenses; again life insurance is there to help.

Term life insurance

Term life insurance is designed to provide financial protection for a specific period of time, usually 10 or 20 years. Typically, premiums are level and guaranteed for that time. Term life insurance is generally a less costly option than permanent life insurance.

Think you don’t need life insurance if you don’t have kids? Think again. It may seem like an unnecessary expense. But there are many reasons to have life insurance.  Do it for your Family!

Amberg Insurance, Inc. was established in 1974 to serve the growing insurance needs of the many businesses and individuals located in the Charlotte and surrounding counties. We take pride in the quality service provided to our customers, our community concern, and our commitment to the overall development of our employees.