Having questions about life insurance is not unusual. Most people are not life insurance experts, and they must count on their independent insurance agent to give them the advice that allows them to make educated decisions. At Irvington Insurance in Indianapolis, IN, we understand what an important decision choosing your life insurance is, and we will be there for you with any answers and advice you need.
How is a life insurance claim filed?
When the person covered by life insurance passes away, you must call the insurer. You will need to fill out a claim form and send them a copy of the death certificate. Assuming you have had the policy for a while, that is all there is to it. The check will be mailed to you. If it is a new policy, more investigation may be required before the insurer pays.
Do I need to have insurance policies for my children?
Unless you have extraordinary children who have dependents, then the answer is no. Life insurance is designed to replace the income of the person who has passed away. Most children have no income. Parents love their children, which makes them want to protect their children, but this is not necessary.
Do I need my own life insurance if I get some from work?
Life insurance as a work benefit is an excellent addition to your financial plan, but it should not be your only plan. What if you change jobs? What if your employer goes belly up? It is essential that you have your own life insurance coverage.
At Irvington Insurance in Indianapolis, IN, we can help you find the best life insurance for your situation in life. Give our office a call today.