Life insurance is not only the cornerstone of a solid financial plan, but it’s hands down one of the most cost effective ways to protect the people who depend on you financially.
What would happen to your family if you were to die prematurely? Would they be able to maintain their current lifestyle?
Would your kids be able to go to college? Would your spouse be able to shoulder the load with one income?
If you have a child, are married, or you are carrying any kind of debt, purchasing life insurance is a no-brainer.
If all three, well, hopefully you already have life insurance. Here are a few other reasons to have life insurance though:
- charitable donations
- pay federal death and estate taxes
- create an inheritance for your heirs
- pay final expenses
We make buying life insurance easy
At Pappathan Insurance, we make the process of buying life insurance extremely simple.
We have access to a wide range of life insurance options so we can find the best possible life insurance policy at the best price.
When purchasing life insurance there are a few things to consider. Do you want Term Life Insurance, or Whole Life?
If you don’t understand the difference that’s okay. That’s what we’re here for.
Life insurance is based on two main variables — your age, and your health.
How much life insurance do I need?
A mistake that we often see people make is basing their life insurance coverage on a guess, or just grabbing a number out of thin air without realizing what the impact of inflation could have on their life insurance proceeds.
One of the benefits of working with an independent agent like us is that we can sit down, and through a comprehensive needs analysis, determine the exact amount of coverage you will need to protect the people who depend on you.
The amount of coverage you need depends on a number of different variables. Here are a few examples:
- how many children you have
- your future earnings potential
- whether or not your married
- spouses future earnings potential
- you and your spouses age
- amount of debt you have
If you have questions, or would like the get the ball rolling, give our office a call, or head over to our quotes page to get started.
Protect the financial future of your children/grandchildren by purchasing a children’s life insurance policy.
Getting a Children’s Life insurance policy from Pappathan Insurance can be quick, easy and affordable. In many cases, only a simple application is required to get your policy started. Secure the future of your children or grandchildren today – talk with our life agent about a Children’s Life insurance policy.
Peace of Mind: Purchasing life insurance for a child in their early years helps protect their insurability for the future.
Ease: The policy requirements for children are much less strict and usually only require an application.
Affordability: Life insurance typically costs much less for children than it does for adults.
Flexibility: Permanent life insurance policies have the advantage of building cash value, which earns interest at a declared rate and is available to be surrendered from the policy (subject to surrender charges and policy conditions). A loan may also be taken from the cash value (subject to interest charges and policy conditions).