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How much life insurance do you actually need?
More than most people have, less than most people fear it costs. A healthy 35-year-old can often cover a family for less than a streaming subscription each month.
A simple way to size it
Add up what your family would need if your income stopped, then subtract what they already have.
- Your yearly income times the number of years your family would need it replaced (often 10 to 15)
- Plus the mortgage balance and other debts
- Plus college costs you want covered
- Plus final expenses, roughly $15,000 to $25,000
- Minus savings, investments and existing life insurance
Someone earning $70,000 with a $250,000 mortgage and two kids often lands between $750,000 and $1,000,000 of term coverage. Our quote tool does this math with you.
No exam, fast approval
Many carriers now approve term and whole life policies from an application and a database check, no needles, no nurse visit. Decisions often come back the same day and coverage can be in force within a week.
Term vs permanent in one paragraph
Term is inexpensive protection for a set number of years. Permanent (whole life or IUL) costs more but lasts your whole life and builds cash value you can borrow against. Most young families start with term and add permanent later if it fits their goals.
Work through Phil-Am
- We quote across the carriers we represent, not one company's rate card
- Coverage in force fast, often with no exam
- We review your policy when life changes
Ready to see real numbers? The quote is instant and there is no obligation.
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