Life Insurance Buying Tips

By Mark Reitler

What is the Right Kind of Life Insurance?

At Reitler Insurance Agency, our licensed life agents are here to help you find the right life insurance protection for your family.  We understand it can be difficult to know where to start.  Grange Life Insurance Company offers some helpful tips to consider when looking for life insurance protection:

When you buy life insurance, you want coverage that fits your needs...

First, decide how much you need--and for how long--and what you can afford to pay.  Keep in mind the major reason you buy life insurance is to cover the financial effects of an unexpected or untimely death. Life insurance can also be one of many ways you plan for the future.

Next, learn what kinds of policies will meet your needs and pick the one that best suits you.

Then, choose the combination of policy premium and benefits that emphasizes protection in case of early death, or benefits in case of long life, or a combination of both.

It makes good sense to ask a life insurance agent or company to help you.  At Reitler Insurance, our agents can help  you review your insurance needs and give you information about the available policies.  If one kind of policy doesn't seem to fit your needs, ask about others.  We work with many leading life insurance companies to help you find the right policy for your unique needs.

All policies are not the same.  Some give coverage for your lifetime and others cover you for a specific number of years.  Some build up cash values and others do not.  Some policies combine different kinds of insurance, and others let you change from one kind of insurance to another.  Some policies may offer other benefits while you are still living.  Your choice should be based on your needs and what you can afford.

There are two basic types of life insurance:  term insurance and cash value insurance.  Term insurance generally has lower premiums in the early years, but does not build up cash values that you can use in the future.  You may combine cash value life insurance with term insurance for the period of your greatest need for life insurance to replace income.

Call Reitler Insurance at 866-412-1255 to discuss your unique needs and obtain quotes!