Life Insurance Agents

A Safety Net for Your Loved Ones

If you are planning your family's future, considering a life insurance policy is a crucial step in the process. Having life insurance can provide an important safety net for your loved ones and fulfill your obligations to your family if you are no longer living. There is an extensive range of benefits that come from having the proper policy in place. The death benefit is free from income tax and can be used to cover things such as your children’s education expenses, funeral and burial expenses, debt repayment, estate taxes, and other expenses that survivors may incur.

One of the biggest benefits is the replacement of your lost income for your family. For estate work, we do a thorough cash flow analysis. Life insurance will help ensure your family’s standard of living is maintained. It can also ensure that your wishes are carried out and your family business is passed on to the intended survivor.

We offer a variety of life insurance policies, including:

• Term Life
• Permanent Insurance
• Whole Life
• Universal Life
• Variable Life
• Indexed Life
• Annuities

How Much Life Insurance Should I Own?

One of the most important questions clients have is how much life insurance an individual should own. The simple answer is, it can vary widely from person to person. In order to determine the correct amount, it is important to take into account such factors as regular income, income other than salary or earnings, marital status, number and age of dependents, whether special life insurance needs exist, and more. A rough "rule of thumb" that is often used says the policy should be equal to 6-8 times the amount of the individual's annual earnings, but that can easily increase to 10-20 times annual earnings based on those other factors.

Act Now to Ensure Your Family Is Protected!

Our life insurance agents at LBW can help you sort through all the various factors that determine what type of policy to purchase and in what amount. By acting now, you can protect those you care for most, should the unexpected occur, and ensure they are well taken care of far into the future.