10335 W Oklahoma Ave, Suite 203 Milwaukee, WI 53227
Most people do not want to think about their death. However, if you were to pass away today, would your family or loved ones be able to live the life that you have planned or have envisioned for them? Without your income, it is unlikely they will be able to. This is where life insurance comes into play. Life insurance provides your family with the money they need to live the life you want if you were to pass away. If you don't have a plan, you will want one for this reason.
When starting a life insurance policy, it can be challenging to determine how much coverage is needed. You want to ensure there is enough money to give your family what they need, while still ensuring that the policy is affordable. In Wisconsin, independent insurance agents can take a look at the overall picture and determine how much life insurance you need. Some of the factors to consider when determining how much life insurance you need is how much you make per year and what your earning capacity is expected to be over the course of your lifespan, how much debt you have, what your financial goals are in life and how much money you have in savings. Based on all of these factors, the amount of life insurance you should have will start to emerge.
Are you looking to start a life insurance policy in Wisconsin? Or are you looking to change your policy limits? If so, DernCo would love the opportunity to assist you. We are Milwaukee, WI life insurance agents who can help you determine how much coverage you need and set up a policy or change your existing policy to fit your needs. Give us a call today to get started!