CALL TODAY 800.354.1666          español
life-insurance-faqs

Life Insurance FAQs

Why should I buy life insurance?

Life insurance provides tax free cash for a family or a business when someone dies. Of course it can never replace that person, but it can continue that person’s income stream.

How much coverage do I need?

That totally depends on your situation. Someone with young children at home needs more than someone ready to retire. An average used by insurance companies is 10-15 times your annual income.

What type of life insurance do I need?

Again, that depends on your situation. Young families usually want to have enough to take care of their children through college. Usually a 20 or 30 year Term Life Insurance policy provides adequate coverage at very low cost.

How much will it cost me?

The cost for someone in good health is extremely reasonable today. This is because insurance companies continue to lower their premiums to stay competitive in today’s highly competitive marketplace. The real answer is “What will be the cost to my family if I die without Life Insurance?”

When should I buy it?

As soon as you feel you need it! The sooner you get it, the cheaper your rate will be!

From whom should I buy it?

Hopefully, it will be EQUOTE, because our experienced staff will assist you with what’s best for you and your needs. Our company’s philosophy is “This is what I would recommend for my own brother if he was in your situation”

What if I need to cancel, am I stuck in a Contract?

No, all Life Insurance Policies have a cancellation guarantee. You can cancel your policy at any time, of course we don’t recommend this but we also understand that sometimes

EQUOTE Term Life Insurance – Copyright 2013 – All Rights Reserved – View Privacy Policy. – About EQUOTE
Companies licensed through Shelter Island Insurance Services, Inc. CA License #0H86783
Insurance 101