Your family. Your future. With life insurance, protect them both.
Life insurance is not one of those policies that is mandatory in the United States. We think this is a shame. We say this because when it comes to protecting our Illinois neighbors and friends, we want what is best for you!
We have spent over 50 years in Illinois. Providing top-notch service with insurance expertise is not just our goal, it’s a way of life for us. We want to help you. We don’t want to be another one of those companies that sells you a product or service and walks away, leaving you with questions and needs. We will answer all of your questions; remain with you throughout the entire process, from purchase all the way through claims and beyond. That’s the kind of service we offer at Metropolitan Insurance Service Consultants, Inc.
You may have thought about auto insurance recently, homeowners insurance, or even commercial auto insurance, but have you thought about life insurance?
When you get down to it, everyone needs to think about life insurance. But when you have someone, or an entire family, who depends on you, you should definitely be thinking of life insurance.
Evaluating Your Life Insurance Needs:
Depending on your situation, your life insurance needs are going to be different. Additionally, depending on lifestyle factors, the type of life insurance coverage you qualify for is going to differ. The younger and healthier you are, typically, the lower the premium you qualify for with the most comprehensive type of life insurance. However, there are other factors to consider.
- Single with no dependents? Then you will want life insurance that will cover: funeral expenses, medical bills, debts and loans, and even elderly parents who may depend on your support.
- Single with dependents? You will want to cover funeral expenses and medical bills and debits, but also expenses of your surviving dependents – this can include the hefty cost of education.
Single or married, you will want to consider the same scenarios when it comes to dependents. And for an older couple, you will also want to consider the cost of any additional property or possessions you might own or have loans out on and your children and grandchildren.
So what does all this mean?
Regardless of your lifestyle situation, if you have seen the need for life insurance, you will be faced with two choices: term or whole life insurance.
Term Life Insurance
- Insurance that covers you for a specific period of your life
- Can expire
- Lower premiums
- Premiums can fluctuate after specific time frames
Whole Life Insurance
- Coverage for the entire duration of your life
- Higher premiums
- Comes with the ability to build equity
- Can have cash value
You may also choose a combination of these two options. The best way to figure out what is right for you is to talk with an insurance agent. Fortunately for you, we have plenty of those!
You are your most valuable asset. Isn’t it time you take care of yourself? Give us a call at 888-822-6519 today and see for yourself the positive difference a personal insurance agent, with your best interests in mind, can make in your life.