Life Insurance

Life insurance can offer financial protection and peace of mind by helping you ensure your loved ones are taken care of in the event of your passing. It can provide a financial safety net that may cover expenses such as funeral costs, debts or ongoing living expenses. Our agents at Plemons Insurance Agency are ready to guide you in acquiring the best policy for your needs. Contact us to start a conversation or to get a quote.

What Is Life Insurance? 

Life insurance is a contract between you and an insurance company. In exchange for premium payments, your beneficiaries may be able to claim a lump-sum payment, known as a death benefit, upon your passing. This financial protection may help your loved ones maintain their standard of living and achieve their long-term financial goals, even in your absence.

How Much Does Life Insurance Cost?

The cost of life policies may vary depending on factors such as your age, health, lifestyle (e.g., smoking habits and risky hobbies) and the type and amount of coverage you choose. Generally, the younger and healthier you are, the lower your premiums will be. Working with an insurance agent to determine the coverage amount and policy type that best fits your needs and budget is essential.

How Much Life Insurance Do I Need at 60?

At age 60, your insurance needs may change as you near retirement and your financial obligations evolve. However, everyone’s circumstances are unique and there’s no set amount of coverage that a person should have at a certain age. Consider factors such as outstanding debts, mortgage payments, anticipated future expenses (e.g., child care and college tuition) and income replacement for your family when determining an appropriate amount of coverage. A financial advisor can help assess your specific needs and recommend a suitable life policy.

Where to Get Covered

Take the first step toward peace of mind by securing the right insurance coverage today. Contact Plemons Insurance Agency to speak with an experienced agent who can guide you through the process and help you find the perfect policy for your needs.