Life Insurance

Life insurance is a crucial step in planning for your future and your family’s future. It can give your family freedom from the financial burdens they may incur after your death. Additionally, the death benefit is income-tax free and can be used to cover funeral expenses, repay debt, provide education, pay estate taxes or any other expenses.

There are a number of different types of life insurance.  At Fulmer Insurance, we provide you with a thorough explanation of each type of life insurance and assist you with deciding which one best fits your financial needs.

Life Insurance Options:

  • Whole Life Insurance
  • Term Life Insurance
  • Key Person Insurance
  • Universal Life Insurance
  • Final Expense Insurance

How much life insurance should I buy?

When buying a life insurance policy, it is important to have enough coverage for expenses your loved ones will incur upon your death.  Examples of these costs are funeral expenses, education loans, and mortgage loans along with the hardship of losing your financial support.  Five to ten times your annual income is the normally recommended amount suggested.