Life Insurance Basics.
Do I need life insurance?
If you have a partner, children, or elderly parents who depend on you for support (financial or otherwise), then it’s a wise decision to purchase life insurance to provide them with a financial safety net, should something unexpected happen to you.
What does life insurance cover?
Life insurance benefits are paid in full in one lump sum to your beneficiaries when you die. Your beneficiaries can choose to use the money however they please. Some people use the funds to pay off a mortgage. Often, life insurance benefits are used to care for children, fund college expenses, and cover day-to-day living expenses. They can be used to settle unpaid medical bills, taxes, or co-signed debt. In special circumstances, life insurance proceeds can be used to cover estate taxes your family would pay to inherit your other assets.
When is the best time to get life insurance?
Can I get coverage, even if I've had some health problems?
At Pine Valley Planning, every customer is underwritten individually and receives a price based on many factors. Health history, current health, age, sex, and use of tobacco all go into the underwriting decision. Unfortunately, in certain cases, health problems can result in being declined for coverage, however, health problems in no way preclude you from applying. We have several happy clients who have had a history of health challenges.
Determining Your Needs.
How much life insurance do I need?
What length term is right for me?
How much will my life insurance cost?
I already have life insurance with my employer - isn't that enough?
Do people who stay-at-home need life insurance too?
It’s a good idea. Those who stay-at-home provide all kinds of unpaid work to keep a household running. If something were to happen to a stay-at-home partner, it can be expensive to hire external help for things like child care, driving, cooking, cleaning, and managing household finances. It’s a wise decision to insure both adults in your household, regardless of whether they bring in income.
How often should I revisit my insurance needs?
Is there someone who can answer a few questions I have?
Absolutely. Everyone on our support team is licensed and happy to help with your questions. Reach out any time at email@example.com.
What's Different About Pine Valley.
What is Pine Valley, and who is it for?
What type of life insurance does Pine Valley Planning offer?
Will I need a lab appointment?
Can I trust Pine Valley Planning?
Pine Valley has partnered with Fidelity Security Life Insurance Company, which has been rated A- (Excellent), the fourth highest rating out of fifteen categories, based on an analysis of financial position and operating performance by A.M. Best Company, an independent analyst of the insurance industry.
What's unique about Pine Valley's approach?
Our Easy, Online Application & Instant Decisions