Life Insurance Policies in Illinois
When buying Life Insurance, you can be overwhelmed by an information avalanche. Protect your future from poor choices today! Langlois Insurance Agency can help you determine which Life Insurance coverage is The BEST choice for the security of your loved ones.
- TERM LIFE INSURANCE - LEVEL AND DECREASING
- PERMANENT LIFE / WHOLE LIFE INSURANCE
- PERMANENT LIFE / UNIVERSAL LIFE INSURANCE
Why do I need a Life Insurance Policy?
Although many people consider the discussion morbid, the reality is that everyone does die and expenses are left behind at death. While some people are able to self-insure, even wealthy individuals have problems when money becomes tied up and relatives are left with burial/other debts that require immediate payment. Not providing Life Insurance to cover one’s expenses is extremely poor planning.
How much Life Insurance should I buy?
When you are planning to purchase a Life Insurance policy, the factors to consider include: funeral expenses, education loans, all pending mortgages or debts, as well the financial support your family would need in your absence. Five to ten times your annual income is the normally recommended amount suggested.
There are many compelling reasons to buy Life Insurance. One main reason is to replace the income of the insurer after his or her death. A dependent spouse, young children and even siblings who rely on you financially will not suffer after your demise with the correct insurance plan. Life Insurance benefits cover burial and funeral expenses, debt and medical bills, and estate taxes. Your loved ones can benefit from the inheritance of your Life Insurance policy benefits.
Our dedicated team of Life Insurance professionals understand Illinois’s market and regulations and can find the right plan – or mixture of plans – for your specific needs. Let one our Life Insurance professionals put together an Illinois Life Insurance quote for you today.