A recent study done by the Futures Company, a third-party research firm, showed that many Americans do not have the amount of life insurance that they think they have. The study showed that about 60% of people think they have a proper amount of coverage for their future. However, when the study delved deeper into how the surveyed people wanted to use their life insurance, only 20% had enough coverage for their plans for the future.
Do you plan on paying for college for your children? Do you want to be able to replace your income later on? Do you want to be able to pay off your mortgage? What about the possibility of needing to return to work and having to cover daycare expenses for your children? If you are unsure what your life insurance will cover for you, or if you need life insurance, give us a call at 516-484-5200. We work with multiple companies to offer a different coverages, ranging from term life to low cost to whole life.