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Life Insurance

"Tomorrow Is Not Promised Today"

Although we all hope to live a long and meaningful life, we do have a moral obligation to plan for the financial security of our family in the event of an unexpected death. A Life Insurance Policy can help bridge the gap between the financial needs of dependents and other sources of income.

A common question when purchasing a life insurance policy is “how much insurance should I purchase?” There are numerous factors to analyze when determining the correct amount of insurance to purchase. These factors include expenses such as mortgage and rent payments, utility bills, day care, future tuition, medical bills, burial costs, estate taxes, etc…Although nothing can replace the close evaluation of ones individuals expenses, a typical life insurance policy equals five to ten times your gross annual income.

There are a variety of life insurance products including term, whole and universal life. Each of these policies is unique, and can be used to tailor a policy to your individual needs. Please contact the office of Suburban General Insurance Agency to obtain your free, no obligation quote.


 

 

 

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