{"id":2786,"date":"2020-05-20T14:50:31","date_gmt":"2020-05-20T18:50:31","guid":{"rendered":"https:\/\/www.petruzelo.com\/blog\/?p=2786"},"modified":"2020-05-20T14:50:32","modified_gmt":"2020-05-20T18:50:32","slug":"3-things-to-consider-before-you-buy-life-insurance","status":"publish","type":"post","link":"https:\/\/www.petruzelo.com\/blog\/3-things-to-consider-before-you-buy-life-insurance\/","title":{"rendered":"3 Things to Consider Before You Buy Life Insurance"},"content":{"rendered":"\n

Conversations about end of life, or what will happen to our families after we pass away are never easy. They are however important and wise discussions to have when you are still healthy and able to make decisions that will affect their and your future. Life insurance<\/a> is just as the name sounds, a policy that you take out on your life. <\/p>\n\n\n\n

Just like car and home insurance you pay for a contract that will provide benefits to dependents and others you name after you\u2019ve passed. It can also be used to help pay for your child\u2019s education, for mortgage debts or to cover your own funeral-related expenses. <\/p>\n\n\n\n

There are many different types and terms so\nit’s important to work with an insurance agent you trust and research the\ndifferent goals and needs that will best fit what you\u2019d like to happen for the\nfuture. <\/p>\n\n\n\n

Here are 3 things to consider before you buy life insurance<\/p>\n\n\n\n

1. Consider Your Financial Health & Future <\/h2>\n\n\n\n

It\u2019s important when finding a life insurance policy that will work to understand your financial health. Do you have a lot of debts? Do you have dependents that will need to be cared for and continue to get a reasonable income to survive if you were to die? These tough, but important questions can alleviate a lot of stress later.<\/p>\n\n\n\n

2. How Much Money Will You Need in the Policy? <\/h2>\n\n\n\n

The standard life insurance policy calls for ten times your annual income to cover your family for a stretch of time after you pass. If you do the math and want to leave behind more or are looking for a more affordable policy it\u2019s important to speak with a knowledgeable professional about the policies totals you should be looking at. <\/p>\n\n\n\n

3. Understand Your Options<\/h2>\n\n\n\n

There are different types of life insurance policies you can choose from. These include whole life, term life, variable life, and universal life – and more. The right decision will depend on your own unique needs and that of your family. Other factors to consider include the fact that life insurance policies can build tax-deferred cash values or even be borrowed against. It is very important to know what type of policy is right for you and what it includes. <\/p>\n\n\n\n

Speak to an agent<\/a><\/strong> at Petruzelo Insurance today. We offer free, easy quotes and will do whatever it takes to help ensure your loved ones are well cared for and secure. <\/p>\n","protected":false},"excerpt":{"rendered":"

Conversations about end of life, or what will happen to our families after we pass away are never easy. They are however important and wise discussions to have when you are still healthy and able to make decisions that will affect their and your future. Life insurance is just as the name sounds, a policy […]<\/p>\n","protected":false},"author":1,"featured_media":2787,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-2786","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-life-insurance"],"_links":{"self":[{"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/posts\/2786","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/comments?post=2786"}],"version-history":[{"count":3,"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/posts\/2786\/revisions"}],"predecessor-version":[{"id":2790,"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/posts\/2786\/revisions\/2790"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/media\/2787"}],"wp:attachment":[{"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/media?parent=2786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/categories?post=2786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/tags?post=2786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}