Protecting your family’s financial future starts with life insurance coverage. Available in several different policy packages, life insurance can be purchased for the short term or even the duration of your entire life.
While we believe that everyone should have at least a basic form of life insurance coverage, there are an estimated 48% of Americans who do not currently have a life insurance policy. Here are some other interesting facts and statistics about life insurance that we think you should know:
- Life insurance is probably cheaper than you realize. Studies show that the majority of Americans overestimate the cost of life insurance by 300%.
- The cost of your life insurance policy may depend on your gender, health, medical history, and age. Chatting with your life insurance agent can give you a realistic estimate of the cost of life insurance coverage.
- The slayer rule prohibits benefit payout if the policyholder was murdered by the beneficiary.
- There are an average of 30% of Americans who believe life insurance coverage only can be used to cover end of life expenses. When, in reality, life insurance benefits can be used to provide financial security by providing income replacement.
At Beck Insurance Agency we keep you protected from the unexpected through life insurance coverage. Serving life insurance in Toledo, Defiance, OH, Bryan, OH, Waterville, OH, Swanton, OH, Maumee, and the surrounding areas, we ensure that you have the right coverage that will protect your loved ones, even after you are gone. From term life insurance, universal life, long-term care, and more, we have a wide selection of coverage options to fit any need or budget.
Since 1948 our family has been protecting the community with comprehensive life insurance solutions. Let us help you find the right life insurance for your needs. Contact us today to get a quote on life insurance for Toledo, Defiance, OH, Bryan, OH, Waterville, OH, Swanton, OH, Maumee, and the surrounding areas.
