Life Insurance FAQ
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Ten times your income is typical for healthy clients. Think about your debts and lost income for your family. Get at least enough to keep them comfortable for 5-10 years.
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A claim may not be paid if underwriting finds that parts of the application were answered untruthfully or if the claim is the result of death by suicide within the first two years of the policy being in force.
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Most policies are written through an accelerated underwritten product by Banner Life -Legal and General. They are A rated, service a lot of policies and pay quickly.
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That would be good! Term insurance helps you manage risk for a number of years. As you near retirement, we hope your need for life insurance decreases because your nest egg as grown. There are policies that create cash value and return the premiums to you. They’re more expensive and not what we recommend unless health is a limiting factor.
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Of course! A life insurance policy is no less important for your family than others. Adjusting the size of coverage may help a solution fit in your budget. The Ethos platform has excellent options for clients with health concerns.
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Please email us aaron@friendlyinsurancedad.com or check out this webpage: https://www.ethoslife.com/faq/