Life Insurance

Our Life Insurance Partners

Life Insurance

Life insurance is a contract to provide a measure of financial security for your family after you die. The three main components of the life insurance contract are a death benefit, a premium payment and, in the case of permanent insurance, a cash value account. You pay now so after your death, your dependents can continue with their lives comfortably without the burden of the loss of household income. When purchasing a insurance policy, consider your financial situation and the standard of living you want to maintain for your dependents or survivors. 

For example

who will be responsible for your funeral costs and final medical bills? Would your family have to relocate? Will there be adequate funds for future or ongoing expenses such as daycare, mortgage payments and college? It is prudent to re-evaluate your insurance policies annually or when you experience a major life event like marriage, divorce, the birth or adoption of a child, or purchase of a major item such as a house or business.

Life Insurance Sales Offers Excellent Earning Potential

A career in  insurance sales has unlimited earning potential. Life insurance agents do a lot of selling, and insurance policy commission percentages are high compared to those of other types of insurance. In addition, insurance agents get paid commission renewals for as long as a sold policy is in force.

You should not expect financial success right away, however. It takes a few years of hard work and networking to acquire clients. You also must be interested in marketing and have a knack for it. Once you have a solid list of policyholders and put effort into a referral program, you can continue building your book of business and grow your income.