Is life insurance necessary for me?
Life insurance is an essential tool for providing financial security and peace of mind to loved ones in the event of an unexpected death. When a breadwinner or primary income earner passes away, the loss can have devastating financial consequences for their family. Life insurance provides a tax-free payout to beneficiaries that can be used to cover expenses such as funeral costs, mortgage payments, outstanding debts, and everyday living expenses. Moreover, life insurance can help to ensure that children’s education and future plans are not disrupted by an unexpected loss. In short, life insurance is a way to safeguard the financial wellbeing of loved ones and to ensure that they are taken care of even after the policyholder is gone.
We make buying life insurance easy
At Vault Insurance & Risk Management, our goal is to make life insurance easily obtainable. We offer online applications that can be completed quickly and easily from the comfort of your own home. The application process typically involves answering a few basic questions about your health, lifestyle, and medical history. In many cases approval happens without a medical exam, depending on your answers. Additionally, many insurers offer simplified underwriting for policies with lower face amounts, which means that approval can be granted in a matter of days, if not hours.
Is the life insurance provided by my employer sufficient?
While many employers offer life insurance as part of their benefits package, it’s important to consider purchasing additional coverage outside of the workplace. One reason for this is that employer-provided policies may not be sufficient to meet your financial needs. These policies may have low face amounts, and the coverage typically ends when you leave the company, leaving you without protection.
How much life insurance do I need?
The amount of life insurance needed varies based on personal factors such as income, age, debts, and dependents. One common approach is to calculate a coverage amount that equals 10-12 times your annual income. However, this may not be sufficient if you have significant debts or dependents that rely on your income. It’s important to work with an insurance agent to determine an appropriate coverage amount based on your individual circumstances and financial goals.
Calculate how much coverage you need here: https://engage.midlandnational.com/life-insurance-calculator?agent=ashley@vaultinsure.com
How to get started on your Life Insurance quote
It is simple! Get a free, no-obligation quote from us by filling out the required information in the form below. After completing the form, you have the option to upload your current declaration pages. This way, we can verify that you have not missed any crucial coverage. If you’d rather speak with us directly, feel free to give us a call. We strive to simplify the process for you.
Is life insurance necessary for me?
Life insurance is an essential tool for providing financial security and peace of mind to loved ones in the event of an unexpected death. When a breadwinner or primary income earner passes away, the loss can have devastating financial consequences for their family. Life insurance provides a tax-free payout to beneficiaries that can be used to cover expenses such as funeral costs, mortgage payments, outstanding debts, and everyday living expenses. Moreover, life insurance can help to ensure that children’s education and future plans are not disrupted by an unexpected loss. In short, life insurance is a way to safeguard the financial wellbeing of loved ones and to ensure that they are taken care of even after the policyholder is gone.
We make buying life insurance easy
At Vault Insurance & Risk Management, our goal is to make life insurance easily obtainable. We offer online applications that can be completed quickly and easily from the comfort of your own home. The application process typically involves answering a few basic questions about your health, lifestyle, and medical history. In many cases approval happens without a medical exam, depending on your answers. Additionally, many insurers offer simplified underwriting for policies with lower face amounts, which means that approval can be granted in a matter of days, if not hours.
Is the life insurance provided by my employer sufficient?
While many employers offer life insurance as part of their benefits package, it’s important to consider purchasing additional coverage outside of the workplace. One reason for this is that employer-provided policies may not be sufficient to meet your financial needs. These policies may have low face amounts, and the coverage typically ends when you leave the company, leaving you without protection.
How much life insurance do I need?
The amount of life insurance needed varies based on personal factors such as income, age, debts, and dependents. One common approach is to calculate a coverage amount that equals 10-12 times your annual income. However, this may not be sufficient if you have significant debts or dependents that rely on your income. It’s important to work with an insurance agent to determine an appropriate coverage amount based on your individual circumstances and financial goals.
Calculate how much coverage you need here: https://engage.midlandnational.com/life-insurance-calculator?agent=ashley@vaultinsure.com
How to get started on your Life Insurance quote
It is simple! Get a free, no-obligation quote from us by filling out the required information in the form below. After completing the form, you have the option to upload your current declaration pages. This way, we can verify that you have not missed any crucial coverage. If you’d rather speak with us directly, feel free to give us a call. We strive to simplify the process for you.