We will discuss what life insurance is, the types of things that are covered by life insurance, how to get life insurance, and more. There are information on agents, possible outcomes of policies, how much you should get in relation to your age and health status, and ways you can save on your policy. There are also sections on buying a policy for someone else or automatically insuring yourself. It will teach people about how life insurance can benefit them in their daily lives while maintaining financial security for themselves or loved ones if something happens to them unexpectedly.
2 TYPES OF LIFE INSURANCE
- COST LOWER
- EXPIRES WHEN YEARS ARE UP
- COVERAGES ARE NO LONGER THERE
- REQUEST AN EXTENSION OF COVERAGE
- AT THE HIGHER COST
- AGE: Always Young
- HEALTH: Regardless of Future Health Issues
- AMOUNT: Does not Decrease: May Increase
- COST: Does not Go up
TERM POLICY
$500,000 FOR 20YR
MORTGAGE: $200,000
COLLEGE ED: $100,000 (EACH CHILD)
PERMANENT POLICY
$250,000.000 FOR LIFE
FUNERAL
TAXES | LOAN BALANCES
Process usually takes about 2 weeks if all is done in a timely fashion.
Here is what to expect next:
- Phone interview from Horace Mann
- Nurse set appointment for the medical review
- Premium deduction based on agreed amount
- Policy issued Accordingly