Southern Maryland Health and Life
John Clark
(240) 298-5276
john@somdhealthandlife.com
Call or email today!

Life Insurance

I get it! Life insurance is an uncomfortable subject. We all expect to live forever. (Your doing great so far by the way!). For those of us that won't live forever, we need life insurance.

It is estimated that 8 in 10 people overestimate the cost of life insurance. Those that overestimate the cost, estimate life insurance to cost twice as much as it actually does. There are hundreds of life insurance companies. As of 2015 there were 814 to be exact. Finding the right insurance at the right price does not have to be a daunting task. I'm just a phone call away and will help you shop for the best price dependant on your needs and particular health situation.

What type of life insurance do you need?

The short answer...that depends. It depends on why you are buying the insurance. Some of the common reasons to have life insurance are shown below.

To cover final expenses like burial costs.
To provide for a college education for your children in the event of your untimely death.
Donate to charity.
Protect parents from a child's college debt.
Key person insurance to protect a business from a loss of a key individual vital to the business.
Mortgage protection to allow a spouse to keep the house if they lose your income.
Payoff a large debt in case.
Leave money to your family.
Protect a family business or to finance a business buyout when a partner passes.

There are many more reasons that people should have life insurance. The list above is just some of the more common reasons. Each of the needs above requires a different type of life insurance. Some require whole life, some require term and others are best served with universal life.

Life insurance is not something you want to buy without some assistance. There are so many factors that can determine your eligibility and cost for a life insurance policy. You are always best served by someone that represents several companies so you can get the best product at the best price for you! Call today for a free, no obligation discussion of your life insurance needs.

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Not connected with or endorsed by the United States government or the federal Medicare program