Do I Need Term Life Insurance?

Yes, absolutely! Anybody with a mortgage, has a spouse and children, and significant debt should consider purchasing term life insurance. If you are the sole wage earner in your family, life insurance is vital to making sure your family is financially secure in the years after your unexpected passing. Have a 20-year mortgage on your home? Consider taking out a 20-year term policy to at least cover the mortgage.

Buy term life insurance when you are young and healthy. The pricing is much less than when you are older and potentially in poor health. We recommend a term life policy for 10-12 times your annual income. That way your income is replaced for a number of years if you should die unexpectedly. Term life policies are available for 10, 15, 20 and 30 years. The length of the policy term determines how long the premium is fixed. For example, a 20-year term policy means that the premium is fixed for 20 years. 

Remember that life insurance is about them, not you!

​Pepe Insurance Agency is your trusted local insurance agent located at Poughquag, NY in Dutchess County. We do our best to make sure that our clients are well-protected with affordable life insurance. We make sure to go the extra mile to help you with your needs. To learn more about life insurance and to obtain a free quote, click on the button below.

Life Insurance