30 Years Experience in the Life Insurance Industry
What is life insurance?
Life insurance is designed to protect your family other people who depend on you for financial support in case of your unexpected death. There is nothing more satisfying than knowing that your family is financially secure and will maintain their standards of living even after your death. That is why it is important to take life insurance to protect the people that you love and care about.
Who needs life insurance?
This is a common question asked by many people. Most people usually think that life insurance is only for people who have families that depend on them. However, that is not true. There are instances where life insurance is beneficial even if you don’t have a family that depends on you. For instance, life insurance can help cover your funeral expenses and give you proper send off you that you deserve. Life insurance becomes very important when your thinking shift from “me” to “we”. For instance, if you get married and have a spouse and children who depend on you, it is crucial to ensure that they are financially secure. On the other hand, if you are single and you have co-signed debt like a credit card or student loan, it is important to take a small life insurance to cover you until when you are debt free. Small coverage are very affordable especially if you are still young and healthy.
When is the right time to take life insurance?
Life insurance actually makes more sense if it is taken when you are still young. When you take life insurance at a young age when you still have fewer assets to pass to your heirs, the premiums will be less expensive. The longer you wait, the more assets you will accumulate and the more expensive it will be. When you get older, you are also more likely to develop a medical condition that will make your life insurance more expensive
How to choose the best life insurance
There are many factors that you need to consider when determining which is the best life insurance for you. These factors include what your current situation is, your age, the reason why you want a life insurance (to protect your family, build wealth, protect your assets) and the stage in life that you are currently in(whether you are starting a business, getting married, your kids are joining school among many others)
Why choose Teoli and Associates
For over 30 year now, Teoli and Associates main goal has been to help its clients become financial secure. The fact is that all of us will die at some point. The crucial question that you need to ask yourself is how your family will be after your death. Teoli and Associates life insurance will ensure that your family life will not be affected in case of your sadden death. They will guide you through every step that you take to ensure that you not only secure financial status of your family but also ensure that you make wise financial decisions that will enable you live comfortable and fulfilling life even after retirement. If you choose to Teoli and Associates, then you will no longer have to worry about your surviving spouse and children because they will be well taken care of. You will have peace of mind knowing that your family lifestyle will continue even after you are gone.
- Anthony Teoli – Local Agent – DE, PA. MD & NJ
- Term Life – Affordable Low Monthly Payment
- Fixed Life Insurance – Guaranteed for Life
- Some Programs Offer No Medical Exams
Benefits of buying life insurance
To cover your children’s expenses
You will die in peace knowing that your children expenses are well-taken care off even after your death. Life insurance will ensure that your children are able to maintain their standards of living even after your death.o cover your funeral expenses
The cost of funeral and burial is expensive.
Your family members will be suffering emotionally because of your death. If you don’t want them to also suffer financial, then you are advised that you take life insurance to pay off your funeral expenses
To replace your spouse income
If you pass on gap financial gap will exist in the family. Life insurance will replace your income thus ensuring that your spouse income is not affected.
To pay off estate taxes
Having a life insurance in place is crucial to help prevent jeopardizing funds or assets built for retirement
To pay off your debts
In addition to ensuring that your family is financially secure when you pass on, life insurance will also cover debt expenses such as mortgage so that your family won’t have to sell their house in order to stay solvent.