Category Archives: Applying for Life Insurance

When to buy Life Insurance

I am often asked "when is the right time to buy Life Insurance?" In my experience, this can be a tricky question.

Life Insurance really does provide a lot of protection for the cost, whether you are buying life insurance because you are getting married, having a child, or to protect your family. Most people buy Life Insurance to protect the ones they love. The cost is so low, there is no reason not to buy Life Insurance.
Have a Plan to buy life insurance
But you are healthy today, so why bother going through the process to buy life insurance now? Do you know anyone who died at an early age, or that you were surprised when you heard they were very sick or passed away? Life can be random and tragic!

If I had a crystal ball, I would be able to tell you exactly the best moment to buy life insurance. Since I don't, I would recommend that you not wait on this decision. If you now have a reason to protect your family or business, then the time to buy life insurance is now. The process is not very difficult. Once you decide the type of life insurance you want and for how long you want to have this protection in place, you just need to apply and see what the company will offer you for rates. If you are happy with the offer, you accept the life insurance policy and pay the premiums.

The problem of waiting to buy life insurance is that you do not know what the future holds. We hope for the best, but it is always best to plan ahead. If you care about someone who counts on your paycheck or other support that you provide, then buy life insurance now.

Why buy Life Insurance Today?

I have had many experiences with people that have had life insurance and passed away. These stories of missed loved one are hard to hear but not having to worry about financial hardship takes that one burden away. The grieving process is hard enough.

Unfortunately, there are also many people that pass away without having planned ahead or having been able to buy life insurance. In these instances, the stories are always much worse. We have all seen the jars at the local store for families trying to pay for final expenses.

One client called me and asked me to come over to their house so they could buy life insurance. They were friends and they had been putting it off, so I was curious why they finally did decide to move forward with buying life insurance. It turned out that another friend of theirs had gotten cancer and was terminal. In his last days, he sent a letter out to all his friends telling them about his experience. He had not bought life insurance and now he worried for his family. His letter asked all their friends not to make the same mistake of not buying insurance. This is what made them make the decision to move forward.

So if you care about providing for your family, or another party, and want to provide financial protection, I recommend you to buy life insurance today. At the very least, call and check on your options and see if you should buy life insurance.

If you have questions about how to start the process to buy life insurance call me or visit .

How much life insurance to buy?

How much Life Insurance should I buy or have, is one of the questions that I hear all the time. You will want to have enough Life Insurance that, if something happens, you will not be worried if your family can survive financially. There will be lots of stress on your family and loved ones if something were to happen to you. If you have looked at how much Life Insurance you need, at least they will not have to worry about having to find another place to live or changing their standard of living.

I have had to look at how much Life Insurance I should buy to protect my family as well. I have 4 children that depend on my providing for them. If something were to happen, my wife is not going to be able to go get a job to make up for the loss of income. Even if she could, I would rather know how much Life Insurance I need to protect my family by replacing my income until the kids are through college and are self suffient. Then my wife will be able to greive and be there for my children, who also need to have time to greive for the loss of a parent.

So what are some ways of determining how much Life Insurance you need?

1. How much (income do you make each year) * how many (years you want to replace income)
2. Annual income * (# of working years you have left)
3. Expenses and liabilities you want to cover, if you were not going to be here tomorrow to take care of them. ie: a child’s future college expenses, paying off student loans or paying of a homes mortgage
4. 20 times your current annual income

These are but a few of infinite possibilities, when it comes to determining how much Life Insurance you need. Following are some links to a few of the online Life Insurance calculators that I like to refer people to, so they can themselves determine how much Life Insurance they need. Calculator

Prudential’s Calculator

As we get older, we all lose people in our lives that die sooner than they should have. If something does happen to you, you do not want to be asking yourself, “how much Life Insurance should I have”, because it will then be too late. Take action today and protect your family and those that you love. Know how much Life Insurance you want to have, and go get it.

As always, please let me know if I can help you in anyway. Steve

How to apply for Life Insurance the easy way

Learning how to apply for Life Insurance is not difficult. If you want to save money on your current Life Insurance policy, check current quotes to see if you should apply for Life Insurance again.

  1. The first thing you need to determine is what you want the life insurance to protect.
  2. Determine if you need temporary or permanent coverage.
    • If temporary life insurance coverage is needed, for how long? Might there be a need beyond that?
    • If permanent life insurance coverage is needed, then determine the best type of policy.
  3. Run a quote using my life insurance quote engine to see your term options at

You can apply for Life Insurance immediately, if you are confident that you found a policy that you need. If you are looking for a permanent life insurance policy or have any questions about your options, then you need to call me. There are lots of options and I am sure this is not something you want to do more than needed.

Buying and applying for Life Insurance used to be complicated, but for many it is now as easy as running a quote and clicking apply. This will allow you to start filling out the application and then we will contact you to complete the application and schedule any needed exams or tests.

Don't wait until you something happens to apply for Life Insurance. At that point you will have waited to long. Insurance companies are willing to offer you Life Insurance only if you are healthy or an insurable risk. To often get calls from people that talked to their doctor and may be facing cancer, hepatitis or a heart condition. The insurance companies will usually make you wait until you are in a stable condition, before they will consider writing a policy on you. Even if I can help you apply for Life Insurance at this point, you will pay much more than you needed to.

What if you don't know where to start applying for Life Insurance?

If you don't know where to start in the process to apply for Life Insurance, just give us a call. I can help you look at your options and get you on the road to protecting your family.

As always, let me know if you have any questions about applying for Life Insurance for you or a person you love. Our conversation will be confidential and there will be no pressure.