Joelle: Usually in this day and age there is a dual income coming into the household and most people like myself rely on each other’s incomes. So I rely on my husband’s income and he relies on my income. If something happened to him unexpectedly, first of all of course, emotionally I would be completely devastated and so would all the kids. And then to not have the finances needed to stay in the house, to live the same lifestyle, to pay the monthly bills, I mean just the water bill or the electric bill or whatnot; that would just be such another piece of that situation that would be so difficult to worry about my finances when I’m already suffering this emotional loss. So, it’s important if you’re going to start a family to make sure that that piece of it is covered.
Having the right amount of life insurance is important, and you should understand that the amount of coverage your family needs changes with the changes in your life.
More than 50% of Americans feel they have the right amount of coverage.1 Unfortunately, many people don’t re-evaluate their coverage as their life changes, and this is a major reason why many Americans find themselves significantly underinsured in comparison to their family’s needs.
As your family grows and you take on new responsibilities, it’s important to review your life insurance coverage, and determine if it’s still meeting the needs of your family.
Having the right coverage in place can help ensure your family can maintain their way of life, achieve the dreams you have for them, and pay for your final expenses. In many cases, a combination of term and whole life can help with achieving the right amount of coverage and peace of mind. Amica provides an easy calculator to determine how much insurance is right for you.
Use our needs calculator to find out.
With Amica Life, you can always expect an extraordinary level of service. Our licensed professionals will listen to your unique needs, answer your questions, identify coverage that's right for you and then help you every step of the way to ensure your coverage stays in line with all of your life’s changes. With an A+ (Superior) rating from A.M. Best2, a leading authority on insurance company financial stability, you can also be confident Amica Life will be there for your loved ones.Learn more now!
12015 Amica Life Financial Peace of Mind Survey
2A.M. Best Company. Feb. 18, 2016. A+ is the second highest of 15 possible ratings. For the latest rating, access ambest.com.