Beck Insurance

Beck Insurance Agency Shares 4 Interesting Life Insurance Facts & Stats

 

Archbold, OH -- (ReleaseWire) -- 05/10/2023 --Beck Insurance Agency has decades of experience serving life insurance in Waterville, OH, Defiance, OH, Bryan, OH, Swanton, OH, Maumee, Toledo, and the surrounding areas. While 52% of Americans are covered with life insurance, Beck Insurance Agency believes that everyone should have at least a basic level of life insurance coverage, and hopes to inspire more families to invest in life insurance by sharing these interesting facts and statistics about life insurance coverage:

1) Life insurance coverage is much more affordable than people think. Most Americans overestimate the cost of life insurance by 300%.
2) The rate of life insurance coverage can depend on several factors including gender, health, medical history, age, etc. Chatting with a life insurance agent is the best way to get a realistic estimate.
3) In cases where the policyholder was murdered by the beneficiary, the life insurance benefits will likely not be paid out. This is called the slayer rule.
4) An alarming rate of 30% of Americans believe that life insurance coverage only covers end of life expenses. When, in reality, life insurance coverage is typically enough to provide income replacement.

About Beck Insurance Agency
Beck Insurance Agency protects their clients by serving life insurance to Waterville, OH, Defiance, OH, Bryan, OH, Swanton, OH, Maumee, Toledo, and the surrounding areas. Working directly with their clients to find the right life insurance coverage for their needs, the agents at Beck Insurance Agency have access to several coverage options to fit any budget and expectation. From long-term care life insurance, term life, universal life, and more, Beck Insurance Agency offers a wide selection of coverage solutions to safeguard their clients from the unexpected.

Since 1948 Beck Insurance Agency has been protecting their community with insurance solutions. Visit www.beckinsurance.com to learn more about life insurance serving Waterville, OH, Defiance, OH, Bryan, OH, Swanton, OH, Maumee, Toledo, and the surrounding areas.