Halley Dodson, LLC Halley Dodson, LLC

Life Insurance

Life insurance serves the purpose of replacing income and covering debts.

One of the most common questions asked is “How much coverage do I need?” This is not an easy answer and is based on a number of factors such as level of debt, marital status, # of children, age of the children, current income, current assets, plus other factors.  Consider this;

If you are 35, make $50,000 per year and are killed in an accident, your family will lose a whopping $1,500,000 of your earnings over the next 30 years. $50,000 per year may not seem like much but over time it really adds up. Not only will the income be lost but so will contributions to Social Security, 401ks, and Pension Plans. If your income is higher, the amount of lost income is even greater.

As you can see, your life may be worth far more than you think.

The good news is you can typically buy a large amount of term life coverage for $500,000 or $1,000,000 at a relatively low premium.

We can help you protect your home, your family, and your assets by finding the lowest cost insurance available. We work with a large number of highly rated insurance companies to find coverage that fits your needs and budget.

It is not surprising that many people avoid buying life insurance

  1. It is not a pleasant subject to think about and no one wants to face their own mortality
  2. the process of obtaining life insurance is not pleasant either

We strive to make the process as painless as possible. Some companies offer great rates with no insurance exam. Other companies will accept clients with medical issues like high blood pressure, diabetes, cancer history, heart disease, and other health problems. You can apply for life coverage with no obligation. If we can’t find you an acceptable policy, just tell us you don’t want it.

Unfortunately, many people are uninsured having no life coverage at all. There are just as many people who are underinsured and do not have nearly enough coverage.  Please call to look at options.  There is no obligation.

What if I Have a Life Policy?

Policy Reviews are Extremely Important

Many current life policies will not last to maturity due to sustained low interest rates. We offer a free review of your current life policies to make sure your coverage is there when you need it. If you haven’t reviewed the status of your life policy in the last 3 years, it’s time for a check-up. You also may need to update your beneficiary designation due to a death, divorce, birth of a child, and other life changes.


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