Pose these brief life insurance questions to your agent to make sure you have the right coverage.
Buying life insurance is important, but it’s not necessarily fun. We want to make it as quick and painless as possible, so we’ve distilled a few of the most important questions you need to as your life insurance agent down to three words.
Why buy it?
If you have group coverage through your employer, don’t assume it’s enough. For starters, you could lose it if you leave that job. Secondly, group policies generally don’t offer a big enough benefit to cover all of the financial needs your family would face without you.
Whole or term?
If you’re looking for more affordable coverage, term life insurance—which expires after its term—is the way to go. If you want a policy that will last your lifetime and build cash value, purchase a whole life insurance policy.
Are there exclusions?
Make sure your high-risk hobbies lie scuba diving or base jumping won’t prevent your loved ones from receiving your death benefit. Also, get informed on policy’s suicide exclusion.
Do you have an agent who makes getting answers to all of your Texas life insurance questions easy? For that kind of service, contact VGW Walker Insurance.
