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Life Insurance


LIFE INSURANCE-HOW MUCH DO I NEED?

  • How much of the family income do I provide?
  • Who depends on me financially?
  • Will I want my children to have money to finish their education in the event of my death?
  • What debts and final expenses will my family be left responsible for (mortgage, credit card, car payment, estate tax, burial arrangements)?
  • Would I like to leave money to family members or charitable organizations?
  • Will the life insurance I have be sufficient to maintain a comfortable living standard and take into account cost of living increases for my dependents after my death?


TERM INSURANCE: This type of policy covers you for a term of a specific amount of years and pays a death benefit only if you die in that term. It generally offers the most coverage for your monthly premium. Most term policies can be renewed though there may be a premium increase because the risk is increased as you age.

WHOLE LIFE: Covers you for as long as you live if you keep paying your premium payments. The premium payment generally will not increase.

UNIVERSAL LIFE: This lets you make variations to your policy coverage as your needs alter. Your premium payments are also adjustable.

* PLEASE NOTE *
If you have a Life Insurance policy in force now it may be best to keep it and simply increase coverage by adding a new policy.

Available only by agent appointment. Call Lea Glennon at 219-689-7552 during normal business hours.


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  Portage Office

3359 Willowcreek Portage, IN
Phone:
(219)764-7771
Fax:
(219)764-7737

 
 
  Hobart Office

7834 Ridge Rd Hobart, IN
Phone:
(219)962-4548
Fax:
(219)962-5017

 
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