Lawton Insurance Agency
Planning Ahead...
What you need to know about Life Insurance. 
Life Insurance September 2008
to do Greetings!

If you are like most people getting life insurance isn't a top priority.  We usually don't think about life insurance until someone asks about it, or worse, someone we know experiences a life crisis that puts things in a new light.  That's why we have decided to dedicate this month's newsletter to telling you about life insurance.

What Type of questionLife Insurance Is Right For You?

When asked about life insurance, you may say, "Why do I need life insurance, I am healthy?".  The fact is the best time to buy life insurance is when your are in good health.  Health situations can change so quickly and life insurance prices are contingent on good health.  You might also think that life insurance is too expensive.  There are many types of life insurance available and there's usually something that will fit in everyone's budget.  Once you break it down, life insurance is basically a dollars-a-day expense. So whatever your excuse, we can make finding the right life insurance for you very easy.  Outlined below is a list and brief description of each type of life insurance we can provide for you.
 
1. Term Insurance- This type of policy covers you for a term of 10, 20, or 30 years.  It pays a death benefit only if you die in that term.  Term insurance generally offers the largest insurance protection for your premium dollar.   Generally the premium and death benefit are designed to remain level. 
 
2.  Return of Premium- This type of policy covers you for a term of 20 or 30 years.  It pays a death benefit if you die within the term.  However if you are still living after the term, you get all your money back (except riders).  The cost is usually more than term but less than whole life. 
 
3.  Whole life insurance- Covers you for as long as you live if your premiums are paid.  You generally pay a level premium for as long as you live.
 
4.  Universal life insurance- Flexible policy that allows you to vary your time and premium payments.   The premiums you pay (less expense charges) go into a policy account that earns interest.  If your yearly premium payment plus the interest your account earns is greater than the charges, your account value grows.   
life insurance calculator How Much Do You Need?
So, you decided you should get a life insurance policy, but how much do you need?  Here are some questions to ask yourself:
 
- How much of the family income do I provide?  If I were to die early, how would my survivors, especially my children, get by?  Does anyone else depend on me financially, such as a parent, grandparent, brother or sister? 
 
- Do I have children for whom I'd like to set aside money to finish their education in the event of my death?
 
- How will my family pay final expenses and repay debts after my death?
 
-Do I have family members or organizations to whom I would like to leave money?
 
- Will there be estate taxes to pay after my death?
 
- How will inflation affect future needs? 
 
We realize there are many things to think about, but our professional life insurance agents will be there every step of the way to help you get the policy you need.  For some extra help in deciding how much coverage is right for you just click on the calculator above to calculate your needs.
Today is the Day
Give us a call, email or fax us right away for your Free Life Insurance Quote.
In This Issue
Types of Life Insurance
How Much Life Insurance Do You Need?
Save Money!
money
We think life insurance is so important that we will give you MONEY BACK on your Erie auto and home policies for the year just for purchasing an Erie $100,000 life insurance policy.  The credit will continue as long as you keep the life policy in force.  
Contact Us
lawton logo 2
 
Chapman-Lawton Insurance Agency
311 Chestnut St
Mifflinburg PA 17844
570-966-3145
570-966-5555 fax
 
 
Lawton Insurance Agency Inc
57 Reitz Blvd Ste 101
Lewisburg PA 17837
570-524-4200 
570-523-8199 fax 
 
CONGRATULATIONS!

Donna Dreese 

Donna was our latest Referral Contest Winner!  She won "Dinner on Us".  And now will be entered to win up to $1000 in Visa gift cards in December.
 
You too can be a winner simply refer all your friends and family members to our agency for a quote.  No Obligation!  We will then send you 5 FREE lottery tickets. You will also be entered to win "Dinner on Us" and up to $1000 in Visa gift cards.