By using our life insurance quoter tool, you agree that we may collect and share your personal information with a third party to provide you with insurance quotes tailored to your age, gender, and health. We’ll only use your information for this purpose and will not share it with other third parties without your consent. Please note that the quotes provided are estimates and do not constitute a contract or offer of insurance. You should carefully review the terms and conditions of any policy before making a purchase decision.
Confused by insurance? We have answers.
We get it—insurance can be a tricky and overwhelming subject. But fret not! Our team of insurance experts has answers to some of the most commonly asked questions.
Think of life insurance as a gift for your loved ones. The coverage can help pay for:
- Funeral costs
- Bills and ongoing living expenses
- Outstanding debt, like credit cards and a home loan
- Continuing a family business
- Financing future needs
- Protecting a spouse’s retirement plan
- Income replacement
- Long-term care
It depends on your unique situation. But in addition to medical and funeral bills, you might need to pay off debts—like a home loan—and provide for your family for several years. If you have young children, you might need coverage that’s 10 times your annual salary to help a spouse get them through high school.
Use the calculator below to estimate how much coverage you may need—or reach out to us for a free life needs analysis.
It depends on your situation. In our experience, many consider carrying some whole life insurance—at least enough to cover burial expenses—and enough term insurance to replace your income until age 65.
Consider this: If you get your coverage at a young age, you can lock in your premiums for life. The younger you are, the less expensive your premiums will be! Plus, by purchasing coverage when you’re young and healthy, you help eliminate future health concerns. Don’t wait for a serious health scare to seek coverage—it might be too late to secure it.
Not only is the birth of a child an important time to reevaluate your coverage, but it’s also crucial to start a policy for your child. (See above.) A life insurance policy is one of the greatest gifts you can give your children.
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Dupaco Insurance Services is a division of Dupaco Holding, LLC, a wholly-owned subsidiary of Dupaco Community Credit Union. The purchase of insurance is not required in conjunction with the granting of any particular credit union service and the products offered are not endorsed or insured by Dupaco Community Credit Union. Dupaco Insurance Services is not insured by the NCUA or any other regulatory agency; are not obligations of or guaranteed by Dupaco Community Credit Union or any other affiliated entity; are subject to investment risks, including possible loss of the principal amount invested.