LifeGuy.com is your trusted Naples life insurance advisor, providing multiple quotes from the best life insurance companies in Naples area and Florida state. We cover Collier County and Lee County, Port Charlotte, Ft. Myers, Cape Coral, Bonita Springs, Estero, Naples and Marco Island.
You can get instant life insurance quotes for term life insurance with Return or Premium, whole life insurance or cash value insurance, and protect your mortgage payments with mortgage insurance or mortgage protection insurance.
Return of premium insurance will pay your premiums back at the end of the insurance policy contract if you didn’t use the insurance benefits, in other words if you outlive your term life insurance.
What if I can’t make my mortgage payments due to unemployment?
Unemployment mortgage protection is your solution – a life insurance benefit option rider available that will continue your mortgage payments even after you lose your job involuntarily.
What kind or life insurance is right for me?
It depends if you’re looking for temporary coverage (get term life insurance for 10 years term, 20 years term or 30 years term) or permanent coverage (you need whole life insurance that will stay in force for the rest of your life – coverage usually lasts until age 121). Term insurance is used if you want to protect your family for a limited amount of time, for example until the children finish college. Whole life will help in asset protection, gift giving (if you want to leave a legacy) or supplement retirement funds by accumulating cash value.
When should I get life insurance?
The best time to get life insurance is before you need it. You need life insurance if you have dependents that would suffer financially if you and your income will not be there tomorrow. If you have minor children or parents that depend on you and your income, you should consider protecting their future in case of your untimely death or disability. Also, it’s best to get life insurance before you have an extensive health history or taking medications for different conditions, because these factors will increase your insurance premiums. Smoking and other lifestyle choices also affect your cost for insurance. Consider that you will never have a less extensive health history that you have today. Age is an important factor when calculationg your life insurance premiums. For example, a healthy 25 years old can get $250,000 life insurance for $14 per month, while a not-so-healthy 55 years old would pay $134 per month for the same amount of life insurance benefit. The problem is, we don’t know when the worst is going to happen, so we better be prepared in case it does. You insure your car and your home for worst case scenarios, but how about your life and family? Plus, life insurance costs way less for the amount of insurance benefit paid, versus car insurance or home insurance.
What is Private Mortgage Insurance (PMI) and why do I need it?
Private Mortgage Insurance is going to make your mortgage payments when you can’t: in case of job loss, the inability to work and earn an income due to an illness or accident, or premature death. Return of premium insurance is also available for mortgage protection, which will pay all your premiums back at the end of your PMI contract, if you didn’t receive other benefits from the policy. Mortgage protection is needed when you still have payments left on your home, to protect your family from losing your house. It is a hybrid product with life insurance and disability insurance features. One of the best features is that the premiums never change, are guaranteed to stay fixed for the duration of your mortgage.
If you’re looking for life and mortgage insurance in Naples, Florida – you are in the right place! Your Naples insurance agents are waiting to help you with instant insurance quotes over the phone, online or email. Call 239-LIFE-GUY or 239-466-4466. Email: Insurance@LifeGuy.com
Other types of insurance: ask us about Loan Protection Insurance.