Frequently Asked Questions

Life Insurance: Life


LIFE INSURANCE - What are the basics?

Life insurance is a fundamental financial planning product.  It gives you the confidence to take on financial obligations (like a home mortgage or the cost of providing for your family) by removing the risk that an untimely death will bring financial ruin.  Death stops your ability to earn income and pay for your obligations.  Essentially, with life insurance you just pay a small manageable premium for the guarantee that a lump sum of money (the death benefit or face amount) will be paid if you die to your beneficiary.  

The fact is, 86% of Americans say they believe that life insurance is a product most people need.   However, deciding who needs the coverage, how much coverage they need and what kind of life insurance they should purchase is the subject of much procrastination. 

L.I.F.E., a non-profit organization dedicated to providing you information concerning life insurance, has prepared resources to help you make smart life decisions.  Click below for answers to these basic life insurance questions…

AMERICAN INSURANCE has licensed professional life insurance agents to help you.  We can help you secure the right coverage at the right price!  Ask us for a quick quote on individual term life insurance.  We will find you the lowest term life insurance rates.  We instantly compare rates from eight of the top life insurance companies for you.  Click here to request a LIFE QUOTE.  





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FAQ Disclaimer

The content of FAQ articles are general in nature and are not intended as a substitute for professional legal, financial, or insurance counsel for individuals. Insurance coverage forms vary by issuing company and by state. For specific advice contact us.

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