Life Insurance FAQs

If you are in need of a life insurance agency in Zeeland, MI, you can count on Ottawa Insurance Agency to have the insurance that you need. We are an independent insurance agency, which means we deal with multiple carriers. We provide more choices and the best possible rates. 

Life Insurance FAQs

Do I need life insurance if I don’t have a family?

When exactly life insurance becomes a necessity is one of the most common questions that people have. You need life insurance if anyone depends on your income or if you have debts and obligations that might fall on your loved ones if anything happens to you. Life insurance can also be part of a lifelong financial plan, so talk to your insurance agent about what is right for you. 

Can life insurance be canceled?

Yes, life insurance can be canceled. The most common reason is nonpayment of premiums. If you are in financial difficulties, talk to your insurance carrier and see if there is anything you can do to retain your coverage. Your life insurance can also be canceled if you lie on your application. This could potentially cost your loved ones the support they are counting on. The long and short is, be honest when you apply for life insurance. 

How much life insurance is enough?

Life insurance needs are a very personal thing. You must take into account your yearly salary, the age and number of dependents you have, and how long you will need to supply support. If your partner works, they may be able to provide some of the support, but if the children are young, they may not be able to work. All of these things go into figuring out how much life insurance is enough. 

Consult With Us

Give our office a call at Ottawa Insurance Agency in Zeeland, MI to discuss your life insurance needs and to get a no-obligation quote.