Call Us 704-364-0833 ☰ ˟
Logo
Call Us 704-364-0833
  • Our Agency
    • AboutImage of right arrow
      • Our Staff
      • Our Locations
    • Get A Quote
    • Our Carriers
    • Contact UsImage of right arrow
      • Dilworth Charlotte Office
      • Weddington/Waxhaw/Marvin
  • Products
    • Auto InsuranceImage of right arrow
      • Classic Car
      • Collision Coverage
      • Liability Coverage
      • Medical Payments Coverage
      • Minor Violation Forgiveness
      • Rental Reimbursement
      • Uninsured & Underinsured Motorist
      • Vanishing Deductible
    • Home InsuranceImage of right arrow
      • Flood Insurance
      • Condo Insurance
      • Homeowners Liability
      • Landlords Insurance
      • Mortgage Protection
      • Property Insurance
      • Scheduled Property Insurance
    • Life InsuranceImage of right arrow
      • Individual Life
      • Long Term Care
      • Disability Insurance
      • Second-To-Die Policy
    • Powersports VehicleImage of right arrow
      • ATV Insurance
      • Boat Insurance
      • Motorcycle Insurance
      • Motorhome Insurance
      • Snowmobile Insurance
    • Personal Umbrella & Identity Theft
    • Coverage for Specific IndustriesImage of right arrow
      • Accounting Firm Insurance
      • Alarm Contractors Insurance
      • Insurance for Arborists
      • Bar Insurance
      • Box Truck Insurance
      • Builders Risk Insurance
      • Car Dealership Insurance
      • Cargo Insurance and Freight Insurance
      • Catering Insurance
      • Construction Insurance
      • Consulting Firm Insurance
      • Contractors Insurance
      • Specialty Trade Contractors Insurance
      • Craft Brewery Insurance
      • Dental Practice Insurance
      • Dump Truck Insurance
      • Educational Facility Insurance
      • Financial Institution Insurance
      • Food Truck Insurance
      • Fleet Insurance
      • Handyman Insurance
      • Garage Insurance
      • Healthcare Facility Insurance
      • Law Firm Insurance
      • Life Science Insurance
      • Limousine Services Insurance
      • Liquor Liability Insurance
      • Maintenance Contractors Insurance
      • Manufacturing Insurance
      • Media & Advertising Insurance
      • Non Profit Insurance
      • Personal Trainer Insurance
      • Pool & Spa Insurance
      • Printers & Publishers Insurance
      • Real Estate Businesses Insurance
      • Retail Insurance
      • Scrap Metal Insurance
      • Security Guards Insurance
      • Self-Storage Insurance
      • Septic Contractors Insurance
      • Specialized Truck Equipment Insurance
      • Technology Services Insurance
      • Tow Trucks Insurance
      • Uber Insurance
      • Veterinary Insurance
    • Coverage for Your BusinessImage of right arrow
      • Bonds
      • Business Catastrophe Insurance
      • Business Owners Policy (BOP)
      • Commercial Auto Insurance
      • Commercial General Liability
      • Commercial Property Insurance
      • Commercial Real Estate Insurance
      • Commercial Umbrella Insurance
      • Crime Insurance
      • Errors and Omissions Insurance
      • Equipment Insurance
      • Extortion Insurance
      • Fidelity Bonds
      • Inland Marine Insurance
      • Kidnapping Insurance
      • Loss Control Insurance
      • Marine Insurance
      • Mechanical Breakdown Insurance
      • Office Insurance
      • Product Liability Insurance
      • Professional Liability
      • Shipping Insurance
      • Small Business Insurance
      • Small Business Liability Insurance
      • Storage Insurance
      • Surety Bonds
      • Technology Insurance
      • Trailer Insurance
      • Transportation Insurance
      • Trucking Insurance and Semi Truck Insurance
      • Workers Compensation
      • Van Insurance
    • Coverage for Your EmployeesImage of right arrow
      • Small Business Retirement Plans
      • Employer-Sponsored Retirement
      • Disability Insurance
      • Individual Life Insurance
  • Get A Quote
    • Annuity Quote Form
    • Auto Insurance Quote
    • Business Owners (BOP) Quote Form
    • Cargo Insurance Quote
    • Homeowners Insurance Quote
    • Life Insurance Quote
    • Motorcycle Insurance Quote
    • Recreational Vehicle Insurance Quote
    • Renters Insurance Quote
    • Watercraft Insurance Quote
    • Workers Compensation Insurance Quote
  • Contact Us
    • Dilworth Charlotte Office
    • Weddington/Waxhaw/Marvin
    • Locations & Hours
    • Request A Free Quote
  • Our Staff
  • Our Carriers
Home > Blog > 3 Mistakes to Avoid When Choosing Life Insurance
MONDAY, AUGUST 15, 2022

3 Mistakes to Avoid When Choosing Life Insurance

Life insurance is a safety net for your family, but many people either don't have life insurance at all or make mistakes in choosing the right plan. Here are three mistakes to avoid when choosing a life insurance policy. older couples hanging out

  1. Not Choosing at All. Many people think that they don't need life insurance, or that they can wait until they're older. One thing is certain, getting older doesn't necessarily mean that you'll have more money to get life insurance and it doesn't always mean that that is when you will need the coverage. A lot of single people don't choose a policy because they feel that there is no one to leave the funds to in case of their death, but the high cost of burial and any medical expenses will be left as a burden to their family. 
  2. Choosing Only Work-provided Life Insurance. It is an advantage to have work-provided life insurance because these policies are typically inexpensive or free in some cases. While these policies are helpful, they usually provide a very low amount of coverage that won't cover much except perhaps the burial expenses of the insured. They will not provide living expenses or any type of large payout to the deceased's family. 
  3. Choosing a Premium Amount over Payout. Oftentimes, a person may not feel that they have a lot of money to pay towards a life insurance policy. Some feel that this is something they won't need for years anyway and don't feel that it is important enough to worry about. While a small life insurance policy is better than nothing at all, sometimes you can find a better policy that pays out more, for just a few dollars more per month. You wouldn't choose the cheapest auto insurance or homeowners insurance, so why choose the cheapest life insurance policy? 

No matter what type of policy you decide on when it comes to life insurance, it is important to at least have something that will help take care of your loved ones after you are gone. 

Are you ready to prepare for what the future holds?

Posted 4:12 PM

Tags: life insurance
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2023
  • 2022
  • 2021

  • life insurance(6)
  • auto insurance(5)
  • home insurance(4)
  • business insurance(4)
  • homeowners insurance(1)
  • workers compensation insurance(1)
  • commercial business insurance(1)

View Mobile Version
Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
autoowners logo
Home| Get A Quote| Customer Service| Blog| About Us| Contact
1700 East Blvd | Charlotte, NC 28203
P: 704-364-0833 | Fax: 866-819-2827 | Other Locations
Social Social Social
Logo

Powered by Insurance Website Builder