Life Insurance in Pueblo, CO

Life insurance may help your loved ones manage financially after your death. During a time of grief, unexpected costs can add to the stress. Life insurance can ease the financial impact and give your beneficiaries support when they need it most.

How Life Insurance Works

A life insurance policy is a contract between you and your insurance company. If you keep your policy active by paying the required premiums, your beneficiaries can apply to receive the death benefit when you pass away. That money can help cover expenses, such as funeral arrangements, lost income and estate-related costs.

Can You Have More Than One Life Insurance Policy?

Yes, you can carry more than one policy. Having multiple policies may offer added flexibility. Different life insurance plans serve different needs. For example, term life insurance may cover you for a specific period, which may work well for people raising children or paying large debts like a mortgage. Permanent life insurance may offer lifetime coverage and build cash value over time, which you may be able to access while you’re still living.

How Much Life Insurance Do You Need?

To determine how much coverage is appropriate, consider factors such as existing savings, debts, long-term financial goals and how much income your loved ones might need if you’re no longer around.

Explore Your Options

Dominguez Insurance Agency offers reliable life insurance plans at favorable rates. Contact us today to get a quote.