Archive | September 2013

Why Consider Life Insurance

Why consider life insurance?
You don’t need it, right?
why consider life insurance
These 5 reasons are why you should consider a life insurance policy.

(via Learnvest)

Call me to discuss any of your insurance needs.
Pavel Levitanus (949) 436-0740

How Much Does Life Insurance Cost?

life insurance

This is the last post in a special series of posts for September:
Life Insurance Awareness Month where I provided easily
understood answers for some tough questions relating to life insurance,
such as Why Do I Need Life Insurance?
and How Much Life Insurance Do I Need?

But How Much Does Life Insurance Cost?


life insurance costThis is the question everyone fears the most. However, the answer may surprise you. Life insurance is more affordable than you think. In fact, people tend to overestimate life insurance cost by more than double.  Will it cost less than your Starbucks habit? Possibly. Less than the cost of insuring your home? Usually.

 

Life insurance costs less than you might expect. Contact me for a quote – I can help you find the right insurance product and solution for your individual needs.

 

Your friendly Farmers agent,
Pavel Levitanus
(949) 436-0740

 

Watch this Life Insurance Video

This life insurance video may make you think twice about the importance of protecting your family.

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If you have any questions about life insurance, please call me.

Pavel Levitanus (949) 436-0740
Your friendly Farmers agent

How Much Life Insurance Do I Need?

This post is a continuation of a blog series about Life Insurance. To start at the beginning of the series, click here.

This post asks the question: How Much Life Insurance Do I Need?

The simple answer is that you need enough life insurance to help take care of your dependents if you die. An easy calculation will help:

DEBT + INCOME + MORTGAGE + EDUCATION = LIFE INSURANCE NEEDS


However, this calculation may become complicated once you analyze the needs of each category.  To assist you in obtaining a general sense of how much life insurance you need, check out the Farmers Life Insurance Needs Calculator. It will walk you through the calculation – you will enter your current assets, expenses and income. You can also adjust for an inflation rate and your expected rate of return to see how these variables may affect your insurance needs. The calculator will provide you with an estimate of your insurance needs. Try it out – it only takes a few minutes!

And after you do, call me for personal guidance and assistance. I can help you find the best ways to protect your family’s future.

Your friendly Farmers agent,
Pavel Levitanus (949) 436-0740

Life insurance issued by Farmers New World Life Insurance Company, 3003 77th Ave SE, Mercer Island, WA 98040.

What Kind of Life Insurance Fits My Needs?

life insurance

This post is part of a special series for September: Life Insurance Awareness Month where I will be providing easily understood answers for some tough questions relating to life insurance, such as Why Do I Need Life Insurance?

But what kind of life insurance fits your exact need?  In a nutshell, there are 2 types of life insurance: Term insurance and Permanent Insurance.

Term insurance provides coverage for a specific time period and is typically less expensive. It provides the greatest amount of coverage for the lowest initial cost. Term insurance is a good choice if you needs are temporary or your funds are limited.

Permanent insurance, which includes Whole Life and Universal Life, is useful when your coverage needs are more long-term like income for a spouse or “inheritance” for children or end of life expenses. Permanent insurance initially will cost more than term insurance, but Permanent insurance can accumulate cash value.

It’s difficult to determine what kind of life insurance fits your needs – that will depend on the coverage needed given your individual circumstances and financial goals. Sometimes, the right solution is a combination of Term and Permanent insurance. Just how much life insurance might you need? Read here.

If you need assistance with or have questions about life insurance coverage, please call me.

Your friendly Farmers agent,
Pavel (949) 436-0740

Life insurance issued by Farmers New World Life Insurance Company, 3003 77th Ave SE, Mercer Island, WA 98040.