Life Insurance in and around New Richmond

Choosing the right life insurance coverage is made easier when you work with State Farm Agent Frank Steward. Frank Steward is the caring representative you need to consider all your life insurance needs. So if you pass away, the beneficiary you designate in your policy will help your partner or the ones you hold dear with current and future needs such as future savings, phone bills, and rent payments. And you can rest easy knowing that Frank Steward can help you submit your claim so the death benefit is presented quickly and properly.

Don’t let fears about your future make you unsettled. Call or email State Farm Agent Frank Steward today and explore the advantages of State Farm life insurance.

Term life insurance covers you for a set period, such as 10, 20 or 30 years. It is often the most affordable way to protect a family during the years when a mortgage, child care and college costs are highest.

Permanent life insurance, such as whole life or universal life, is designed to last your whole life as long as premiums are paid, and it can build cash value over time. Some people use it for final expenses, leaving a legacy or estate planning.

Neither is right for everyone. Frank holds the CLU®, ChFC® and CASL® professional designations and can help you compare options in plain language and choose coverage that fits your budget.

A good starting point is to add up what your family would need to cover: paying off the mortgage and other debts, replacing your income for a number of years, future education costs and final expenses. Then subtract savings and any existing coverage, such as a group policy through work.

Group life insurance through an employer is a great benefit, but it often equals only one or two times your salary and may end if you change jobs. Many families in New Richmond and Hudson pair a workplace plan with an individual policy they own.

Major life events are the best time to check your coverage: getting married, having or adopting a child, buying a home, starting a business, or nearing retirement. Also review your beneficiaries so the people you intend to protect are the ones named on your policy.

If you own a business, life insurance can also help with buy-sell agreements or protect against losing a key person. Ask Frank how it fits with your business insurance.

Is life insurance expensive?

It often costs less than people expect, especially term coverage bought when you're younger and in good health. A quick conversation with Frank can give you a personalized quote.

Do I need a medical exam?

It depends on the policy type, the amount of coverage and your age and health. Some policies have simplified underwriting. Frank's office can explain what to expect.

Can stay-at-home parents get life insurance?

Yes, and it's worth considering. Replacing child care, transportation and household work can be costly if a stay-at-home parent passes away.

Protect the rest of what you've built with homeowners insurance and auto insurance, or view all insurance options from Frank Steward State Farm.