Roper Insurance Services
  • Home
  • Quotes
    • Life/Health/Financial Products >
      • Life Quote
      • Health Quote
      • Annuity Quotes
      • Critical Illness Insurance Quote
      • Dental Insurance Quote
      • Disability Quote
      • Final Expense Insurance Quote
      • Group Benefits Insurance Quote
      • Long Term Care Insurance Quote
      • Medicare Supplement Coverage Quote
      • Vision Insurance Quote
    • Property/Casualty Insurance Products >
      • Auto Quote
      • Homeowner Quote
      • ATV Insurance Quote
      • Business Quote
      • Boatowner Quote
      • Business Owners Package (BOP) Insurance Quote
      • Classic Car Insurance Quote
      • Condo Quote
      • Earthquake Insurance Quote
      • Event Insurance Quote
      • Flood Quote
      • Landlords Insurance Quote
      • Insurance Bonds Quote
      • Motorcycle Quote
      • Renters Quote
      • Roadside Assistance Quote
      • RV Insurance Quote
      • Travel Quote
      • Umbrella Quote
  • Service
    • Report a Claim
    • Make a Payment
    • Update Contact Info
    • Policy Changes
    • Proof of Insurance
    • Contact My Carrier
    • Online Documents
    • Free Consultation
  • Products
    • Life/Health/Financial Products >
      • Life Insurance >
        • Final Expense Coverage
        • Mortgage Protection
      • Health Insurance >
        • Medicare Supplement Coverage
      • Annuities
      • Critical Illness Insurance
      • Dental Insurance
      • Disability Insurance
      • Final Expense Insurance
      • Financial Planning
      • Group Benefits
      • Long Term Care Insurance
      • Vision Insurance
    • Property/Casualty Insurance Products >
      • Auto Insurance
      • Home Insurance
      • Business Insurance
      • ATV Insurance
      • Boat Insurance
      • Business Owners Package (BOP) Insurance
      • Classic Car Insurance
      • Condo Insurance
      • Earthquake Insurance
      • Event Insurance
      • Flood Insurance
      • Insurance Bonds
      • Landlords Insurance
      • Motorcycle Insurance
      • Renters Insurance
      • Roadside Assistance
      • RV Insurance
      • Travel Insurance
      • Umbrella Insurance
  • Blog
  • About
    • Staff Directory
    • Agency Photo Gallery
    • Insurance Carriers
    • Client Testimonials
    • Refer a Friend
    • Local Links
    • Accessibility Statement
    • News
    • Reviews
    • Videos
  • Contact

Roper Insurance Services

A Guide for First-Time Life Insurance Buyers

1/5/2021

1 Comment

 
Picture
​There is so much life insurance offered out there; there are so many to the point that buying life insurance can be too confusing. Confusion as to what type of life insurance to get and how much to spend for it are the main reasons why people do not even dare to get life insurance. With the current pandemic, people are starting to see how important it is to acquire life insurance.
5 Tips for Buying Life Insurance
We all want to be informed to minimize our fears and confusion regarding life insurance. And so, if you're going to get a clear picture of life insurance and you're considering buying life insurance but are confused, here are five tips to help you out.

  1. What is Your Current Financial Situation
    You need to assess the baseline picture of your current financial situation. You have to consider your dependents, emergency fund, retirement savings, and life insurance coverage through work.

  2. Determine How Much Coverage You Need
    Avoid underestimating how much life insurance coverage you would need in the future. For example, you only considered the need to pay off a significant debt, and then as time went by, you found yourself needing some financial help for tuition fees or electricity bills. 

    Unfortunately, you did not think about this beforehand, and you would then find yourself in a difficult financial situation. We suggest getting a policy with a death benefit equal to 10 times your annual salary for this one.

  3. Differentiate Term Life and Permanent Life Insurance
    A term life policy will only provide coverage for a certain period, for example, for 10 or 20 years. It is relatively more affordable than permanent life insurance. Permanent life insurance from the name itself would provide lifelong coverage, which is why it's more expensive than term life insurance.

    It's also more costly because it builds cash value. Choosing a term or permanent policy at the end of the day still depends on your needs and financial goals.

  4. Know What Affects Your Life Insurance Rate
    Your current age and health would be the main factors to determine the rate you pay for coverage. The younger and healthier you are when you buy life insurance, the cheaper it tends to be because you are less risky to insure.

  5. Search for the Best Rate
    Because there are various rates, take your time to go through several companies. And of course, you coil always ask for help from independent insurance agents who work with several insurance companies.

Conclusion
We all want to be secured primarily in times of uncertainty such as this pandemic, and purchasing life insurance does just that. With the vast life insurances being offered in the market, it can be a jungle of confusion for clients, but with the five tips listed above, we're sure you'll soon be able to pick the right life insurance for you.

At Roper Insurance Services, we do our best to ensure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (828) 697-6709 or Click Here to request a free quote.
1 Comment
pennie insurance pa link
4/27/2022 10:50:26 pm

Thanks for sharing such an amazing blog. I must say you are doing a great job. Keep doing such hard work. Your blogs are very informative. Keep posting! Good Luck with your upcoming updates.

Reply



Leave a Reply.

    Share This

    Contact Us

    (828) 697-6709
    118 E Caswell St
    Hendersonville, NC 28792
    Click Here to Email Us

    Archives

    April 2025
    March 2025
    February 2025
    January 2025
    December 2024
    November 2024
    October 2024
    September 2024
    August 2024
    July 2024
    June 2024
    May 2024
    April 2024
    March 2024
    February 2024
    January 2024
    December 2023
    November 2023
    October 2023
    September 2023
    August 2023
    July 2023
    June 2023
    May 2023
    April 2023
    March 2023
    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    September 2015

    Categories

    All
    Annuities
    Auto Insurance
    Business Insurance
    Classic Car Insurance
    ​Commercial Auto Insurance
    ​Commercial Auto Insurance
    Dental Insurance
    Disability Insurance
    Event Insurance
    FAQs
    Final Expense Insurance
    Financial
    Flood Insurance
    Group Benefits
    Health
    Health Insurance
    Home Insurance
    Insurance
    Life Insurance
    Local
    Mortgage Protection Insurance
    Safety

    RSS Feed

Licensed to sell in North Carolina and South Carolina


Navigation

Homepage
Insurance Quotes
Policy Service
Insurance Products
Contact Us
Agent Login

Social Media

Facebook
Twitter
LinkedIn
​YouTube
Pinterest

Contact Us

Roper Insurance Services
118 E Caswell St
Hendersonville, NC 28792
(828) 697-6709
Click Here to Email Us
Review Us

Location

Website by InsuranceSplash
  • Home
  • Quotes
    • Life/Health/Financial Products >
      • Life Quote
      • Health Quote
      • Annuity Quotes
      • Critical Illness Insurance Quote
      • Dental Insurance Quote
      • Disability Quote
      • Final Expense Insurance Quote
      • Group Benefits Insurance Quote
      • Long Term Care Insurance Quote
      • Medicare Supplement Coverage Quote
      • Vision Insurance Quote
    • Property/Casualty Insurance Products >
      • Auto Quote
      • Homeowner Quote
      • ATV Insurance Quote
      • Business Quote
      • Boatowner Quote
      • Business Owners Package (BOP) Insurance Quote
      • Classic Car Insurance Quote
      • Condo Quote
      • Earthquake Insurance Quote
      • Event Insurance Quote
      • Flood Quote
      • Landlords Insurance Quote
      • Insurance Bonds Quote
      • Motorcycle Quote
      • Renters Quote
      • Roadside Assistance Quote
      • RV Insurance Quote
      • Travel Quote
      • Umbrella Quote
  • Service
    • Report a Claim
    • Make a Payment
    • Update Contact Info
    • Policy Changes
    • Proof of Insurance
    • Contact My Carrier
    • Online Documents
    • Free Consultation
  • Products
    • Life/Health/Financial Products >
      • Life Insurance >
        • Final Expense Coverage
        • Mortgage Protection
      • Health Insurance >
        • Medicare Supplement Coverage
      • Annuities
      • Critical Illness Insurance
      • Dental Insurance
      • Disability Insurance
      • Final Expense Insurance
      • Financial Planning
      • Group Benefits
      • Long Term Care Insurance
      • Vision Insurance
    • Property/Casualty Insurance Products >
      • Auto Insurance
      • Home Insurance
      • Business Insurance
      • ATV Insurance
      • Boat Insurance
      • Business Owners Package (BOP) Insurance
      • Classic Car Insurance
      • Condo Insurance
      • Earthquake Insurance
      • Event Insurance
      • Flood Insurance
      • Insurance Bonds
      • Landlords Insurance
      • Motorcycle Insurance
      • Renters Insurance
      • Roadside Assistance
      • RV Insurance
      • Travel Insurance
      • Umbrella Insurance
  • Blog
  • About
    • Staff Directory
    • Agency Photo Gallery
    • Insurance Carriers
    • Client Testimonials
    • Refer a Friend
    • Local Links
    • Accessibility Statement
    • News
    • Reviews
    • Videos
  • Contact