LIFE INSURANCE

If you are like are like us, your family and their wellbeing is the most important things in your life. Losing them is something that no one wants to think about, yet it’s important to plan ahead. We get a lot of questions regarding Life Insurance, including inquiries about what Life Insurance does and how much you really need to adequately care for your family.

Here are just a few reasons why you would need Life Insurance:

  • To Pay Final Expenses
  • To Cover Children’s Expenses (such as college)
  • To Replace the Spouse’s Income
  • To Pay Off Debts
  • To Buy a Business Partner’s Shares
  • To Pay Off Estate Taxes

At East & Greenwell, we understand what it means to have families and people that depend on you. Call us to schedule a review. We’ll help you make sure that you and your family have the protection it needs should something happen.

LIFE INSURANCE FAQS

1.Why buy life insurance?

While you aren’t required to have condo insurance, condo owners should purchase it. Too often, we see individuals assuming they are covered by the association, only to discover that it does not include the interior of their unit. Anything that happens to or within the interior structure of your condo falls on the shoulders of the owner or the renter. Condo Insurance covers you in those instances.

2. What is term life insurance?

Your Condo Insurance cost depends on the policy you select. On average, you can expect anywhere between $100 – $400 per year. Your quote will be based on the value of your personal property as well as the type and level of coverage you choose. We highly recommend discussing your options with one of our agents. Unlike browsing your selections online, we can help scout out the best discounts and deals on the policies suited for you.

3. What is permanent life insurance?

Your condo insurance can cover losses incurred from a fire or burglary, loss or damage to personal possessions, appliances, or certain installed fixtures, and liability for bodily injuries or damage to personal property incurred within the interior of your condo.

Because the responsibility of claims are sometimes in the hands of the association and other times in the hands of your Condo Insurance, it’s important to contact your agent immediately to determine the right course of action should an incident occur. We will work quickly and efficiently to help you with the claims process.

4. What is universal life insurance?

Your condo insurance can cover losses incurred from a fire or burglary, loss or damage to personal possessions, appliances, or certain installed fixtures, and liability for bodily injuries or damage to personal property incurred within the interior of your condo.

Because the responsibility of claims are sometimes in the hands of the association and other times in the hands of your Condo Insurance, it’s important to contact your agent immediately to determine the right course of action should an incident occur. We will work quickly and efficiently to help you with the claims process.

5. How much Life Insurance do I need

Your condo insurance can cover losses incurred from a fire or burglary, loss or damage to personal possessions, appliances, or certain installed fixtures, and liability for bodily injuries or damage to personal property incurred within the interior of your condo.

Because the responsibility of claims are sometimes in the hands of the association and other times in the hands of your Condo Insurance, it’s important to contact your agent immediately to determine the right course of action should an incident occur. We will work quickly and efficiently to help you with the claims process.

6. What type of policy should I buy, term or permanent (whole, universal, variable)?

Your condo insurance can cover losses incurred from a fire or burglary, loss or damage to personal possessions, appliances, or certain installed fixtures, and liability for bodily injuries or damage to personal property incurred within the interior of your condo.

7. What if I already have insurance coverage?

Your condo insurance can cover losses incurred from a fire or burglary, loss or damage to personal possessions, appliances, or certain installed fixtures, and liability for bodily injuries or damage to personal property incurred within the interior of your condo.

8. Can I purchase a policy for my children?

Your condo insurance can cover losses incurred from a fire or burglary, loss or damage to personal possessions, appliances, or certain installed fixtures, and liability for bodily injuries or damage to personal property incurred within the interior of your condo.

9. How can I save money when buying life insurance?

Your condo insurance can cover losses incurred from a fire or burglary, loss or damage to personal possessions, appliances, or certain installed fixtures, and liability for bodily injuries or damage to personal property incurred within the interior of your condo.

10. Will insurance help my beneficiary pay off my debt?

Your condo insurance can cover losses incurred from a fire or burglary, loss or damage to personal possessions, appliances, or certain installed fixtures, and liability for bodily injuries or damage to personal property incurred within the interior of your condo.

11. Do I need to have a medical exam?

Your condo insurance can cover losses incurred from a fire or burglary, loss or damage to personal possessions, appliances, or certain installed fixtures, and liability for bodily injuries or damage to personal property incurred within the interior of your condo.

12. Do I need to meet with an agent?

Your condo insurance can cover losses incurred from a fire or burglary, loss or damage to personal possessions, appliances, or certain installed fixtures, and liability for bodily injuries or damage to personal property incurred within the interior of your condo.

13. How can I pay my premiums?

Your condo insurance can cover losses incurred from a fire or burglary, loss or damage to personal possessions, appliances, or certain installed fixtures, and liability for bodily injuries or damage to personal property incurred within the interior of your condo.