Life / Health Insurance

LIFE INSURANCE

Protecting Your Family’s Financial Future
Life Insurance from Lussier Insurance

Life insurance is the one thing everyone needs and no one likes to discuss.  However, your family’s future could very well be decided by the plans you make today.  Many of today’s top financial advisors consider life insurance to be the cornerstone of a solid financial plan.  Lussier Insurance agrees that life insurance plays a key role in securing a sound financial plan for your family even after you die.

Life insurance could be the single most important gift you ever give, and the professionals at Lussier Insurance can help you select a policy that reflects the future you picture for your family.

Do I really need life insurance?

If you have family members who depend on your income to provide life’s necessities, you need life insurance.  Life insurance is the most affordable way to provide the financial stability they’ll need after you’re gone.

What kind of life insurance should I have?

There are many factors to consider when determining what type of life insurance policy is best for you.  If you are a business owner, your main goal may be to protect your business from dissolution after your death in order to maintain a steady stream of income.  Business owners often look for ways to reduce the burden of estate taxes.  Whole life or universal life insurance should be considered in both of these instances.  If your main goal is replacing your income for your family, term insurance may be a consideration.  In many cases, a combination of both permanent and term life insurance may be necessary to accomplish your goals.  Your Lussier Insurance agent will help you determine the best approach.

Term Life Insurance:

The most common form of life insurance, a term life insurance policy offers a set death benefit over a specific period of time (10 year term, 20 year term, etc.).  Payments are either paid monthly or annually and remain the same throughout the term of the policy.  Once the end of the term has passed, a new policy must be written if coverage is desired.  Keep in mind that the older you are, the higher the premium.

Whole Life Insurance:

Whole life (also referred to as permanent life insurance), offers more than a death benefit. It accumulates cash value at a tax-deferred rate.  It is eligible to earn dividends.  An attractive advantage of whole life is the ability to access the accumulative cash value of your whole life policy during your lifetime to help fund needs such as a child’s college education or the purchase of a new home.

How much life insurance do I need?

Again, there are many variables that determine how much life insurance is necessary to meet your needs.  There’s much more to consider than immediate burial expenses.  Considerations include how much debt do you have.   If you have debt outside of your mortgage, how much are you paying down each month…or do you add to your debt each month?  The more debt you have, the more life insurance you’ll need to pay it off.  Determine your family’s monthly financial needs and take into consideration future educational expenses for your children.  This may seem like a daunting task, but your Lussier Insurance agent can make it a simple process.

HEALTH INSURANCE

Protection Against Medical Costs
Health Insurance from Lussier Insurance

As the cost of health care continues to rise, so do the financial risks for families unfortunate enough to face a catastrophic illness.  Far too many families have discovered it doesn’t take long to accumulate a mountain of medical bills that result in financial devastation.  Few families could weather the kind of financial storm wrought by a prolonged illness requiring a long hospital stay, extended treatment and possible post-operative rehabilitation.  The logical solution is health insurance.

Health Insurance comes in many forms and costs.  Today, more and more people are looking to meet not only the need for protection against the possibility of high healthcare costs but also the legal requirement to carry adequate health insurance.

Lussier Insurance will work with you to find the right health insurance plan for you and your family.  We understand the frustration and anxiety that is often associated with finding an affordable plan and we work with many of the nation’s best health insurance providers.  There are a multitude of plans available and our professionals will help determine your eligibility for money-saving options that can provide protection without busting the family budget.

Since the Affordable Care Act of 2010, Health Insurance has become a very complicated field within the insurance marketplace.  However, there are many companies who specialize in issuing plans designed to meet the needs of families just like yours.  Lussier Insurance is proud to work with a host of insurance companies who have an intimate understanding of today’s health insurance market.  Together, we’ll provide a health insurance policy designed with your needs in mind.

Lussier Insurance can help you with health insurance options that include:

For ALL your insurance needs,
Call the Professionals of Lussier Insurance Today

413-737-5359