Life Insurance

Life insurance in Tarzana, CA and surrounding areas.

Life insurance is crucial, especially adults who are the primary breadwinners in their family. Losing a source of income can be devastating for a household. Unfortunately, accidents can happen even to young and healthy people. Life insurance acts as a safety net for families after a policyholder passes away.

Strickler Insurance Agency Inc. doesn’t believe you should pay a ridiculous amount of money just to protect your family. As an independent agency, we work with various carriers to find great policies at the best price, even for high-risk clients. Life insurance is a universal necessity, and we want to make sure that need is met without breaking the bank.

Why You Need Life Insurance

Death, even when not sudden or unexpected, can leave a heavy financial burden on families. A life insurance policy can provide financial help to families that are left without a primary source of income. Although most people believe they don’t need life insurance until they’re older, but the prime age to purchase life insurance is actually below 35 years of age. This is when life insurance premiums are the lowest and when most people are gaining debt or starting families.

The Benefits of Life Insurance

Life insurance provides several types of benefits to beneficiaries after the passing of the policyholder. It can provide a lump sum benefit or monthly benefits for things such as:

• Mortgage, utilities and other monthly or daily expenses
• Debts (mortgage, credit cards, etc.)
• Childcare/dependent care
• Funeral expenses, burial or cremation costs, and other end of life expenses
• Tuition debt

Certain causes of death may be excluded under some policies. Natural causes, accidental deaths and murder should all be covered under life insurance, but death by suicide may not be covered if the death occurs within the first two years of the life insurance policy.

Protect Your Family’s Future

Planning for the future can be nerve-racking and uncertain. We take the weight off of you by comparing prices and finding a policy that will suit your family, your limitation needs and your budget. Insure with Strickler Insurance Agency Inc. by speaking with an insurance professional at (818) 285-0323 , or fill out an online quote form today.

Frequently Asked Questions

How Does a Life Insurance Policy Work?

Unlike other insurance policies, life insurance doesn’t give immediate payout. Instead, policyholders pay insurance premiums in return for compensation to loved ones when the policyholder passes.

Which is Better, Term or Whole Life Insurance?

There is no set “better or worse” when it comes to term life vs whole life insurance. Which policy you choose depends on your specific needs. Term life insurance is useful for those who only want a policy for a certain period of time, such as until a home’s mortgage is paid off. Whole life insurance is for those who simply want coverage until the end of their life.

What is the Best Age to Buy Long Term Care Insurance?

It’s recommended that you purchase long term care insurance by the time you’re 65, though some policyholders with disabilities or other health complications may need it sooner.

What are the Benefits of Disability Insurance?

Disability insurance can help with the cost of living adjustment and income lost after a disability renders the policyholder unable to work.

How Much Does Disability Insurance Cost Per Month?

Costs for disability insurance vary depending on the policy and your annual income. For policyholders who make $30,000 a year, the cost of long-term disability insurance is around $25-$75 a month. On the other hand, someone who makes $150,000 a year may pay between $125 and $375 per month for long-term disability insurance.