The amount of coverage you need depends on several factors including your income, debts, and family situation. A common recommendation is 7-10 times your annual income, but this varies based on your specific circumstances. Our coverage calculator can provide a personalized estimate, or our licensed professionals can help you determine the right amount during a consultation.

Term life insurance provides coverage for a specific period (typically 10, 20, or 30 years) with lower premiums. Permanent life insurance (like whole or universal life) covers you for your entire lifetime and builds cash value over time. Term is often recommended for specific timeframes like raising children or paying off a mortgage, while permanent policies are beneficial for lifetime needs and wealth transfer strategies.

The best time to buy life insurance is typically when you're young and healthy, as premiums are based on age and health status. Major life events like marriage, having children, buying a home, or starting a business are also important triggers to consider coverage. Generally, the sooner you secure coverage, the lower your lifetime cost will be.

Underwriting is how insurance companies evaluate your application. The process typically involves reviewing your application, medical history, and sometimes a medical exam. Factors considered include age, health, family medical history, occupation, and lifestyle. The process can take a few weeks, though some policies offer simplified underwriting with faster approval. Our team guides you through each step to make it as smooth as possible.

Yes, many aspects of your life insurance policy can be adjusted after purchase. With term policies, you may be able to convert to permanent coverage, increase or decrease your coverage amount, or change beneficiaries. With permanent policies, you can often adjust premium payments, death benefit amounts, and how cash value is managed. However, some changes may require additional underwriting or affect your premiums. We recommend reviewing your policy annually with one of our professionals to ensure it continues to meet your changing needs.

Most life insurance policies include a grace period, typically 30 days, during which your coverage remains in force even if a payment is missed. If you pay within this grace period, your policy continues without interruption. If payment isn't made by the end of the grace period, term policies may lapse, requiring reinstatement with possible new underwriting. Permanent policies might use accumulated cash value to cover the premium automatically if you've elected this option. If your policy does lapse, contact us immediately as there may be options to reinstate coverage, often within a specified timeframe.