Three priorities to focus on when you purchase life insurance

If you want to choose the right life insurance for your situation, there are a few priorities you should focus on. We can help you make important life insurance decisions at Dobbs & Braddock serving the greater Atlus, OK community. 

Below are three priorities you’ll want to focus on when you purchase a life insurance policy: 

Finding a policy with an affordable premium

Budget carefully when you decide on a life insurance policy. You’ll have to keep up with your premium payments so that you can continue to enjoy the coverage. 

Compare quotes from various life insurance companies so that you can get a premium that is both affordable and competitively priced. 

Making sure that your beneficiaries have enough money if you pass away

The amount of your death benefit is one of the most important decisions you make when you choose a policy. The death benefit on your policy needs to replace your income for your beneficiaries if you should pass away.

Crunch the numbers so that you figure out a death benefit amount that will allow your beneficiaries to maintain their lifestyle without your income. 

Choose the best type of life insurance for your situation

There are various types of life insurance available. It’s important that you understand what these different types of life insurance are and how they work. 

Some of the types of life insurance policies from among which you can choose are term life insurance, universal life insurance, whole life insurance, and variable life insurance. Don’t purchase a policy until you understand the differences between these life insurance types. 

Contact Us Today

Dobbs & Braddock Inc. is a great choice for quality life insurance for consumers in Atlus, OK. Call us or email us and we’ll provide you with a policy quote!