We are here to assist you with understanding types of life insurance and determining the amount of coverage needed.
There are few people who go through their lives without change happening, so it would be unwise to look at your life insurance needs just once and expect it to be ideal forever. Here at Rich Haag & Associates, we recommend having your life insurance policy reviewed regularly, especially after a life change such as starting or closing a business, change in family size, marriage, divorce, death, and change in financial status.
The other thing to understand about life insurance is that there are many different types of policies, including universal life, whole life, term life, and long-term care policies. It is not uncommon to have several policies so that you not only have the coverage you want, but also the added benefits that one type affords over another.
There are also many different reasons to have life insurance, and you may have a need that is different than just providing for your family should something happen to you. For example, if you own a business, you may want life insurance coverage that gives a partner or staff some peace of mind (i.e. key person or buy-sell policies). We take the time to learn about your needs and goals so that we can provide you with the best possible life insurance policy type and coverage benefits for your situation.
If you have any questions about life insurance and other estate planning needs, do not hesitate to contact us to schedule a consultation. We have proudly served the Clayton, North Carolina area since 1995, providing the personal attention each of our clients deserves for optimal results.