Questions to ask before choosing life insurance

Deciding if you need to get life insurance is an important decision in your life. It is not one to take without asking the right questions. Our team at Bevins Insurance Agency in Lafayette, IN can answer any questions you have about life insurance and why it is an important part of your financial plan. Our team is experienced in all aspects of life insurance. 

Do I need life insurance if I have no dependents?

If no one counts on your income and you have enough cash to pay off any debt you may have and your final expenses, then no, you don’t need to have life insurance. 

Can I choose anyone that I want as a beneficiary?

The choice of beneficiaries is up to you. It can be one person or more than one person, but if the person you choose is a child, they will not be able to collect the benefit until they reach legal age in the state where they reside. 

Should I have life insurance after I retire?

Each case is different, but if someone still counts on you for support, then yes. You may not need quite as much as you need before retirement. Discuss the options with your independent agent. 

Do I need to buy my own insurance if I get some at work?

Your life insurance is designed to protect your loved ones in the event something happens to you. Do you trust your employer to know how much your family needs to survive? It is better to control the amount of life insurance you have yourself and think of your employee benefits as a bonus. 

Give Us A Call

Call Blevins Insurance Agency when you need help with your life insurance decisions in Lafayette, IN.