Southern Insurance Group is your one stop shop for all your life insurance needs. Because we are an independent agency, we can shop your life insurance through all the top carriers in the USA thus giving you the best the industry affords.
Finding the right life insurance policy
Finding the right life insurance policy for you or a family can be a daunting task especially if you don’t know what you are doing. I have found that a good percentage of people that we review polices’ for have the wrong policy for their needs. E.G. they want a policy to cover themselves for life but they have a 10 year term policy.
"If you pass away in ten years that was a smart choice however, only about 3% of 10 year term policies pay out in a claim."
Most people out live the
policy and have to start over with a new plan. If your health has changed for
the worse during that 10 year period you may be restricted in getting
coverage.
The agents at Southern Insurance Group have a unique approach to
designing the right policy for you. We do a detailed needs analysis to
determine how much coverage you will need and then review the durations
of coverage that are available.
Reviewing a variety of plans
A brief needs analysis might entail making sure all the debt is paid for and then so many years of the bread earners income. This way the beneficiary will have a debt free home and then so many years of income to make lifestyle decisions. You can also increase the size of the policy to pay for items like college funds or retirement for the remaining loved one.
Determine the need or size of the policy
we will then help you with
how long you can lock in the coverage based on your
budget. Policies come
in durations of 10,15,20,30 year term policies and then universal life and
whole life policies that can cover you for life. We will help you determine
what policy is right for you.
