It is common knowledge that life insurance can help in times of greatest need, helping your loved ones cover the mortgage, pay off other remaining debts and maintain their current standard of living. Unfortunately, many American families lack sufficient information to make the right choice when deciding what life insurance coverage fits their needs.

Clients who already entrust an Acrisure Agency Partner with home, auto or other personal lines policies know how thorough our agents are. Asking questions is how an Agency Partner can design a solution that provides comprehensive coverage and find a premium that fits your budget. In order to get life insurance coverage that is right for you, our Partners can advise you to do the same—before selecting a broker, first get the answers to some common life insurance questions:

What are my product options for life insurance?

There are many different types of life insurance, but the three most common include: term, whole and universal. Big-box life insurance brokers may try to upsell you on coverages you don’t need or, worse yet, fail to ask you critical questions that could result in insufficient coverage.

As your current broker for personal lines insurance, Acrisure Agency Partners already know the insurance protection you need for your home, car and other personal property. They have an understanding of the expenses your family may be left with—that’s how they can quickly help to identify the best type of life insurance and work with a carrier to design a policy to provide benefits to ensure they will be taken care of in the event of your death.

How soon can life insurance proceeds be paid out?

If the worst should happen, your family will need immediate support. Big-box brokers can tie the process up in paperwork and leave your beneficiary out of the loop. With an Acrisure Agency Partner, you can expect the same level of customer service that agents provided with your personal lines insurance policies. Our Partners pride themselves in personalized service and working with the carrier to help facilitate prompt claims processing: once a claim is filed, agents will keep your beneficiary updated with the carrier’s process every step of the way.

How quickly can I secure a life insurance policy?

Most life insurance applications require extensive underwriting, which often includes a medical exam and an evaluation of your health history. Big-box brokers will also have to examine your personal finances to learn more about the lifestyle your family would hope to uphold. For this reason, the process typically takes a few months.

When an Acrisure Agency Partner helped you design custom insurance coverages for your home, car, boat or other personal property, they already took many of the same factors into consideration. That’s why partnering with an Agency Partner to apply for life insurance can often make the carrier’s underwriting process more efficient.

What if I need to make a change to my life insurance policy?

If you secured a life insurance policy when you and your spouse first got married, your coverage will likely need to be amended when you have children because a larger family will often require more financial support. With a big-box life insurance broker, these details may slip through the cracks and result in insufficient coverage.

Our Agency Partners understand that your family will likely grow and evolve. For example, we will know when you size up from a compact car to a midsize SUV or move into a larger home because we update your home and auto policies accordingly. These agents look at your insurance coverages holistically and will also advise you of any changes that you should consider making to your life insurance coverage to ensure you have the appropriate insurance protection in place for your family.

Be prepared to protect what matters most. Take care of the ones you love by reaching out to an Acrisure Agency Partner today to learn more about options for adding life insurance to your insurance program.

Important Information:

For additional information, please visit our website at Products or services identified herein may not be available in all jurisdictions. The information and descriptions contained herein (a) are not necessarily intended to be complete descriptions of all applicable terms, conditions, and exclusions of the policies referenced, (b) are provided solely for general informational purposes, and (c) should not be viewed as a substitute for legal, regulatory, or other advice on any particular issue or for any particular reason. The advice of a professional should always be obtained before purchasing any insurance product or service, and you should not rely on the information provided herein for the prevention or mitigation of risks or as a full and complete explanation of coverage under any insurance policy. While the information contained herein has been compiled from sources believed to be reliable, no warranty, guarantee, or representation, either expressed or implied, is made as to the correctness or sufficiency of any representation contained herein.