The 5 Most Common Life Insurance Mistakes
- Only Having Coverage Through Work
Most group policies only cover you while you are employed with that company. What if you get sick and go on disability or unemployment? Will you lose your life insurance when you need it most?
- Buying For You, Not Them
A small life insurance policy may be enough to bury you, but how long will it take care of the people who rely on you? If you make $75,000 a year and plan to work for another 20 years, your earning power is $1.5 million! How long would a $100,000 actually take care of your family?
- Forgetting About Mom
Do you realize how expensive it would be to try and pay someone to do all of the things a stay at home spouse does? Wow! Don't forget to get a life insurance policy on them too!
- Not Paying Attention
Are your rates going to go up soon and you don't know it? If you haven't looked lately, you could be in for a really bad surprise!
- Keeping Up
Have you upgraded your coverage since you upgraded your life? New income, new children, new business, new spouse, new house? It's time to look again!
We hope this information was useful to you. If you have a specific case or a question, don’t hesitate to call our office.
Ron BoyerBoyer Insurance Services12121 Wilshire Blvd, #600Los Angeles, Ca 90025 O- 310-440-0281Fax—310-440-0381
ronboyer@boyerinsurance.com