According to a recent coast-to-coast survey, approximately 70% of consumers in the US believe that life insurance is far too expensive and time-consuming to obtain but this common misconception couldn’t be further from the truth.
If you’d like to learn more about your local life insurance companies in Chicago and how to acquire affordable coverage, you’ve come to the right place. This brief write-up will delineate all of the facts and figures that you need to be cognizant of.
Life Insurance Is Much Simpler Than You’d Think
If you partner with one of the renowned life insurance companies in your vicinity, you’ll be able to tailor a unique, cost-conscious plan to protect your family in the event that you pass away unexpectedly:
- Life insurance companies can help you establish a robust coverage plan that takes care of your final expenses and your outstanding debts and it’s worth mentioning that your policy will also be able to replace your income as well.
- This is particularly important when considering the fact that the typical funeral costs approximately $10,000, and that the average American household has more than $137,000 of total debt.
- Of those who acquired life insurance during the past 12 months, 68% said that they were “shocked” with regard to how cost-effective it actually was.
The two most prevalent coverage options are whole life and term life insurance; the former provides permanent protection, while the latter covers you for a per-specified period of time.
The Easiest Way to Get Coverage
Irrespective of whether you wish to obtain whole life or term coverage, you should reach out to a long-standing local provider such as the Illinois Automobile Insurance Agency.
A friendly expert will help you evaluate all of the options at your disposal and guarantee an economical coverage plan regardless of your age or financial situation. Be sure to visit their homepage to start the planning process sooner rather than later. You can also visit on Facebook for more information.