FAQs about life insurance

If you have people who depend on you, you need to consider life insurance. It should be a top priority if you haven’t gotten any yet. At Focus Insurance in Eureka, MO, we are independent insurance agents who can help you to find the right life insurance products for your life and your wallet. 

How much life insurance do I need?

No one figure is going to fit every person. Several factors have to be considered to determine how much life insurance you need. 

  • How much do you earn a year?
  • How many people depend on you?
  • What is the age of the people who depend on you?
  • How many years do you need to provide for?
  • What percent of their yearly income do you need to provide?

After all of these questions have been answered, you can determine the dollar amount of life insurance you need. 

Is the life insurance I get from work enough?

While the dollar amount may be enough, the security is not enough. What happens if you change employers? Will you be able to take your life insurance with you?  What if the business goes under? You need to know that your life insurance will be there for your family if required. 

Can my life insurance be canceled?

Yes, it can be canceled; the most common reason is the non-payment of your premium. If you have difficulty paying your premium, call your insurance company to see if they can work with you. Your policy can also be canceled if it is discovered that you were untruthful on your application. 

Contact Focus Insurance in Eureka, MO when you have questions about life insurance. We are happy to provide the benefit of our knowledge and a no-obligation quote.