AptusInsurance

Home  |  About  |  Contact  |  FAQ



Certified Secure Website

Home  >  Frequently Asked Questions

Frequently Asked Questions

As a potential life insurance policy holder, you may have several questions about life insurance that you would like to resolve before you purchase a plan. Review these common questions to see if we can help you resolve any questions or concerns you may have about buying life insurance.

What is life insurance?

Life insurance is an agreement (often called a "policy") between you and an insurance company stating that they will provide money to your family if you should die while your policy is valid. Simply put, you pay a small amount of money each month and if you die while you are making payments, the insurance company will pay a certain, predetermined amount to your beneficiaries, usually your spouse and children.

Do I need Life Insurance?

It is recommended that all individuals have a life insurance policy. The amount of your policy can be determined by talking to one of our insurance specialists.

How much will life insurance cost?

The cost of your policy will be paid in monthly installments called premiums. Your premium varies depending on how large or small of a policy you wish to purchase. There are other factors that will affect the cost as well, including your overall health, age, occupation, if you smoke or not, and family history of disease.

What kind of life insurance coverage is best for me?

There are several kinds of life insurance that are available and the best way to decide is to speak with an insurance specialist. We recommend filling out our form and speaking with a specialist who is trained to help you find the policy that works perfectly for you.

How much life insurance should I buy?

There are many things to consider when deciding how large or small of a policy you should purchase. Take in to consideration the needs of your family, loved ones, beneficiaries, and all others who may be affected financially should you die.

I'm single. Do I need life insurance?

If you are single, you may not have any direct beneficiaries who would depend on your policy to help them make ends meet. Your family, however, is still responsible to pay for your funeral services, which cost thousands of dollars. Consider purchasing a small insurance policy to cover the costs of your services. Many single people also choose to take out a policy and donate its value to the charity of their choice. A life insurance policy can also be used to help pay for family member's schooling or other financial needs.

How do I buy life insurance?

The best thing to do when considering purchasing life insurance is to review your current policy if you have one. Decide if the amount of your current policy has been sufficient. If you do not have a policy, fill out our form and speak with a certified agent who can help you determine the best amounts and policy type to fit your needs.

Will I need to take a medical exam to get life insurance?

You may or may not be required to complete a medical exam to get life insurance depending on the company you are purchasing insurance with and the type of insurance you are trying to purchase. Not all insurance providers will ask you to complete a medical exam, but your insurance specialist will be able to let you know for sure.

Are there any other benefits associated with my insurance policy?

There may be several benefits associated with your policy. Some policies enable your monthly premiums to earn interest, which can be used towards payment of your monthly premium which lowers them over time. Also, life insurance benefits are generally not taxed, nor are some specific cash flow plans.

So what should I do next?

Simply fill out the form on our site with some basic information and a licensed insurance agent will contact you to answer any questions and help you find the absolute best life insurance policy. We are dedicated to assisting you and are ready to help you find the perfect life insurance policy today!

Sitemap  |  Privacy  |  Terms  |  Copyright © 2012 Aptus Insurance. All Rights Reserved.