Category: Life Insurance

Consumers should be aware of the many benefits they’ll enjoy when they carry life insurance in Florida. A. L. Saland Insurance Solutions Inc can provide you with life insurance that benefits you and your family. 

Here are three ways you’ll benefit from carrying life insurance:

Carrying life insurance makes it so that your dependents won’t be worried about living expenses in the future.

Probably the best benefit of having life insurance is that life insurance protects your dependents financially.

When you have life insurance, you know that your dependents will be provided for if you pass away and your income is no longer available to cover the living expenses of your dependents. 

Life insurance coverage can pay for the costs of your final burial expenses.

Consumers shouldn’t underestimate how expensive it can be to cover final expenses including a funeral and burial. Fortunately, life insurance can cover these expenses so that your loved ones don’t have to pay for them when you pass away. 

Your life insurance policy can add to the retirement savings that you have available. 

Life insurance policies don’t just benefit you financially by providing money to your dependents. Life insurance policies that include a savings component can also help you to save for retirement. 

Whole and universal life insurance are two types of insurance that involve a savings component. These policies will grow in value over time. You’ll be able to use the funds that have accumulated in these policies to make purchases in the future. 

We Are Here To Help!

You can contact us at  A. L. Saland Insurance Solutions Inc to learn more about how you’ll benefit from having life insurance. Florida consumers can call us today to get a quote on a life insurance policy. 

A. L. Saland Insurance Solutions Inc. wants to take the guesswork out of life insurance.

Serving the state of Florida, our seasoned agents understand that underwriting and calculating insurance rates can be confusing to understand. 

Here are seven demographic, health, and lifestyle factors that directly impact life insurance premiums:

Policy type

Term limits and length influence both premiums and payouts. As a general rule, permanent life insurance is more expensive since it guarantees death benefits.

Age

Life insurance becomes more costly as you age. Since younger people have longer life expectancies and more time to pay for premiums, rates are typically lower. 

Gender

Like younger individuals, women also have longer life expectancies when compared to men. In fact, women in the U.S. live an average of five years longer.

Medical History

Insurers will review your medical history for any pre-existing conditions. Chronic ailments, like cancer or heart disease, increase premiums or may disqualify you from a policy altogether.

Family History

Your family’s medical history will be reviewed as well. A pattern of illness could produce the same results as above, even if you’re currently healthy. Underwriters must weigh the risk of you developing future problems later in life.

Employment History

Some occupations are simply more dangerous than others. Jobs, like construction or commercial fishing, add heightened risk and higher premiums.

Lifestyle

How you spend your free time matters too. As part of their risk assessment, insurers will try to get a complete picture of your hobbies, behaviors, and overall lifestyle.

Find an agent serving Florida

A. L. Saland Insurance Solutions Inc. does more than just educate our clients. Our experienced staff is determined to craft a life insurance policy that best meets your needs. Call and set up an appointment today.

A.L. Saland Insurance Solutions Inc helps Florida residents find coverage. We offer our clients multiple types of policies to help them protect what matters most. We work with multiple carriers across the state. This allows us to offer flexible policies that fit specific individual situations. We strive to offer exemplary customer service. We look forward to serving you.

A Look At The Different Types Of Life Insurance Policies

Life is full of unexpected twists and turns. Sometimes accidents arise that you aren’t prepared for. During those times of uncertainty, it’s good to have a safety net. Thinking about what your legacy will be after you have passed away is an uncomfortable topic for many people. However, life insurance can assist you in this situation. Life insurance helps you leave a foundation for your loved ones as they try to move forward following your passing. The policy can help your loved ones finalize your funeral arrangements to ensure that you receive proper service. The policy can also help your loved ones settle any leftover affairs that you have. Perhaps you are a Florida business owner and your life insurance policy is designed to help your loved ones run the business after you have passed away. You can also leave something behind for your children to help them pursue their dreams. Here’s a look at the different types of life insurance policies

Term Life Coverage

Term life policies provide coverage during a specific time frame. The minimum time frame for a policy is 5 years while the maximum time frame is 30 years.

Whole Life Coverage

Whole life policies cover you throughout your entire lifetime. This adds a layer of comfort that something will be there for your loved ones if you suddenly pass away.  

A. L. Saland Insurance Solutions Inc Will Help You Cover Your Assets

Visit our website to learn more information about life insurance.