FREQUENTLY ASKED QUESTIONS

  • The biggest factors are:

    Age: The younger you are, the less likely you are to die and the more affordable coverage is.

    Sex: Guys are more expensive. Every. Single. Time.

    Amount of Coverage: How big the payout is has a lot to do with how much you pay.

    How long you're covered: The longer you're covered the more likely it is that they'll have to pay out and obviously the more expensive it is.

    Tobacco Use: If you smoke, you pay more! Even quitting for a year can drastically lower your price. Some companies don’t worry as much about chewing tobacco, cigars or vaping as they do smoking cigarettes.

    Besides those very basic things, there are other considerations:

    Your personal health: The healthier you are, the more affordable it is.

    Your family health history: If you've had parents or siblings with major health issues, that could ding you.

    Your Life Choices: Yes, felonies, DUIs, Drug/Alcohol abuse, even speeding tickets can affect your eligibility and price.

  • Most people have some life insurance through their employer and that’s awesome! However, there are two important things to remember about that policy:

    You don’t own it and you don’t get to take it with you when you leave.

    The value in having your own policy is that YOU OWN IT! You get to decide who it’s with, the terms, the coverage amount, the price and the living benefits of the policy.

    When you quit, retire or switch jobs, nothing happens to your coverage because it’s yours!

    Owning your own policy is the BEST way to protect your loved ones!

  • This is simple to answer with another question:

    How many years do you want your family to continue their current lifestyle before they have to consider what's next?

    Let's say you make $75k/year, you provide the health benefits (which would have to be purchased if you died). You also fix some stuff around the house and maintain the lawn and cars (which would have to get hired out if you're not around.)

    So, we'll say your total financial contribution to the family is about $90k/year.

    A $450k life insurance policy would cover your family for 5 years. A $900k policy would cover them for 10 years.