Insurance Information
How much does life insurance cost?
Life insurance rates depend on several factors, like your age, medical history, nicotine use, lifestyle, and the type of policy you choose. In general, the healthier and younger you are, the lower your policy premiums will be.
How much life insurance do I need?
When getting a life insurance policy, it’s crucial to consider how much coverage you should secure. While it’s common for a policyholder to get coverage worth several times their salary, your individual needs may vary greatly depending on your family's financial situation and your personal financial goals. Consider working with a financial advisor who can help you calculate the appropriate amount of coverage for you.
Who needs a life insurance policy?
If you’re the breadwinner and your family depends on your income, a life insurance policy is important. It’s also worthwhile if you have children or own a home. And if you’re a stay-at-home parent, a life insurance policy should be on your radar as it can help cover the cost of childcare, household duties, and other responsibilities you have.