Insurance

Life Insurance Coverages Available in MN

Posted on by AgentInsure
When it comes to life insurance, there are two main types: whole life and term life. Each of these two policies is unique and has its pros and cons. Depending on your specific needs, and which season of life you’re in, you may find that one is a better choice for you than the other.

Whole life insurance is usually valid for the rest of your life, as long as you continue to pay your premiums. The cost may go up as you age, but generally you can keep this policy for as long as you’d like. Some policies build up a ‘cash value’ which is the money you can borrow from at any time, or take out should you ever decide to cancel the policy. Upon passing away, any money that was taken from the cash value must be repaid.
Term life insurance is only good for the length of the term that you choose when you purchase it, which may be as few as 10 years or as many as 30. Once the policy expires, you no longer have coverage. If you want to buy a new policy you may but it will cost more since you’re now several years older than you were when you first purchased it. Term life policies are less expensive than whole life, and they don’t build up a cash value.

To learn more about the types of life insurance coverage in Minnesota, contact our team today. Our friendly agents are experienced and are passionate about helping you understand your insurance options so that you can choose a policy that meets your needs. We’ll talk with you to find out about your family and life, and guide you in choosing the policy that’s most appropriate for you.

Buy cheap health insurance in Austin, MN

Posted on by AgentInsure

Is it possible to find cheap health insurance? For those in Austin, MN, health insurance is available at competitive rates. Your job is to find it. If you allow our independent agents to help you, we can locate policies that fit your needs and your budget. Because we are an independent agency, we can often provide you with access to a wide selection of policies including those that fit your budget.

Examine What Your Options Are First

It is always important to consider all types of health insurance available to you. When you do so, you’ll be able to pinpoint which policies fit your needs. Finding cheap insurance plans for health coverage starts with choosing a plan that fits your lifestyle.

Take into consideration options such as individual and group plans. You may wish to consider health savings accounts. Long term and short disability policies are also options that may give you the peace of mind you need. If you are an employer, it is a good idea to consider group health insurance that meets your employee’s needs.

How Can You Save Money?

One of the best ways to save money is to use our independent agency. In Austin, MN, health insurance plans are available from multiple carriers. As an independent agent, you can trust us to help you compare plans from multiple carriers in a fast, easy manner. By doing this, we’ll help you see the coverage options, deductible levels, and the overall premium. You can quickly see the options in plans and their rates.

By having this ability to get fast quotes, you can choose from plans that fit all of your needs. We’ll work with you closely to find a policy that gives you the peace of mind you need. Call our agents today.

Life Insurance – Safechoice Insurance Agency in Rochester, MN

Posted on by AgentInsure

The topic of life insurance is often considered taboo in our society because few people want to talk about death, much less making plans for it. However, as the joke goes, it's one of the two inevitable things in life. Not planning ahead may leave your family in financial jeopardy, especially if you're the main income earner.

When buying life insurance, you need to buy a policy that will meet at least the basic living expenses for your dependents. This will vary depending on whether you're a family of two or a family of ten. The basic rule of thumb is to buy a policy that's equal to ten times your annual salary. If you earn $70,000 a year then you'll want to have at least $700,000 in life insurance. If they have to make a claim, your beneficiary can invest the money and they should be able to live off of the interest.Life insurance is also essential for stay-at-home parents. Even though you're not bringing in a paycheck, you contribute a lot to your family and you should have a policy of at least $250,000. It would take a large portion of that to pay for child care, cooking and cleaning services and all of the other tasks you handle for the family. Single parents are also not exempt from the need for life insurance. You, arguably, need it even more than two-parent families since you're the sole provider for your children.

As an independent life insurance agency serving the Rochester, Minnesota community, our team at Safechoice Insurance Agency is dedicated to helping you become educated about life insurance so that you can make decisions that are beneficial for your family. Contact us today to learn more about life insurance.