3 Tips for Purchasing Life Insurance in Ohio

Do you currently have a life insurance policy, or are you thinking about getting a new one? Are you concerned you might not have enough life insurance at present? Many questions are surrounding this topic, and the team at The Merhar Agency LLC is available to answer all of them. Buying a life insurance policy doesn’t have to be a hassle. Have peace of mind knowing you’re taking care of your loved ones even after you pass. Ready to get started? Read on to learn how.

1. Work with a Reputable Insurance Agent

Buying life insurance is something you don’t want to do on your own. Instead, you’ll need a reputable insurance agent from The Merhar Agency LLC to help guide you. This agent will answer all your questions and concerns, explain each policy, and help you decide how much life insurance you need. Tip: The rule of thumb when buying life insurance is to purchase 10 times your current salary amount.

2. Compare Several Quotes

Insurance policies differ on price and coverage. That’s why it’s important to review as many quotes as possible. To narrow down the number, your reputable agent will ask you a few questions, such as your current salary, number of dependents, outstanding debt, and more. This is a great time to ask lots of questions to understand the policy you’re purchasing thoroughly.

3. Bundle Your Life Insurance Policy

Chances are, if you’re reading this, you already have one or more insurance policies. Once you’ve decided on which life insurance policy you want to purchase, consider bundling it with your other policies. Why? Because the insurance carrier will reward you with a discount on your premiums.

To learn more about purchasing life insurance in Willoughby, OH, contact our friendly team today.