life insurance

Thinking about choosing a life insurance policy? It’s easier than you think

Life insurance is a lot like Bend Oregon car insurance; it’s better to have it than to need it and not have it. If you’re thinking about life insurance but don’t know how much you really need, this post will educate you on the importance of life insurance and help you to buy the coverage that’s right for you.

Old Or Young?

As with Oregon car insurance, age doesn’t matter, you can be 16 years old or 25, you still need to have car insurance if you plan on driving the roads of Central Oregon, the same also applies to life insurance; if you’re able to drive, work and live your own life, you should consider having some form of life insurance protection so any debts or expenses can be paid in the event of your untimely death.

How Much Coverage?

With life insurance you should always think about what your bills and expenses are right now and what they might be in the future, 10 or 15 years from now. For example: if you only have $20,000 debt right now, you should at the very least, get a life insurance policy that offers $100,000 worth of coverage, that way your debts or bills will be covered plus any debts or bill remaining from a possible extended hospital stay.

For those people who have larger bills or expenses like mortgages and car payments they should add up their total bills/expenses then multiply that number by two because, the goal is to have enough life insurance coverage to pay off those final bills plus have cash left over for paying off any final expenses like medical bills, burial costs etc.

Get Life Insurance Coverage Today

Life insurance may seem a little more complicated than Bend Oregon car insurance when in reality it’s a very simple decision to make that will provide your loved ones with peace or mind in the event of your passing away before your time.

To get a free life insurance consultation contact the Farnsworth Insurance Agency today at (541) 318-8835 or click here for a free online insurance quote.

My name is Tye Farnsworth, thank you for reading this bio! I was born and raised in Central Oregon. For an affordable insurance quote please contact me at (541) 318-8835 or connect with me online.