Life Insurance

Life Insurance

What is covered by standard Life Insurance in Florida?

How much life insurance do you need? There are a number of factors to consider in determining how much life insurance could be appropriate for you including:

Who depends on you for their well being?
How much do you earn annually? A common rule of thumb is to consider coverage equal to 5 to 7 times your annual after-tax earnings. This helps ensure your loved ones are financially supported during a difficult transition.

What debts do you have? If they can be paid off with life insurance proceeds, it can take a burden off your family.

How close you are to retirement? Generally, the closer you are to retirement the less life insurance you might need.

Additional factors to consider include whether your spouse is working, whether you’d like to fund your children’s education, and any potential estate tax obligations.

We take the time to understand your needs to determine the amount of insurance appropriate for your unique situation. We can then recommend different insurance product options to fit both your needs and your budget.

Contact us today to learn more about your life insurance options.