Life Insurance

It has become obvious that the most significant part of what the agents at Harmon-McClintic Insurance can do for their clients is to bring up the topic of Life Insurance.  We believe Life insurance policies are not for you but for your loved ones. When we pass, we often leave behind someone who had previously depended upon our income.  Harmon-McClintic Insurance is a leading provider of Life Insurance in Monticello, Brookston, Reynolds, White County, as well as the whole state of Indiana.  For more information on Life Insurance and how to qualify, contact us at (574)583-9077.

Life Insurance Advantages

Life insurance can help your loved one with:

  • Covering any lost income and helping continue the same standard of living
  • Paying off any debts
  • Reducing existing mortgage or short-term debt
  • Paying for your children’s education
  • Passing on wealth to future generations
  • Covering funeral and related costs

How much Life Insurance do I need?

This is not an easy question for anybody to answer.  There are plenty “Rules of Thumb”, Suze Orman has her opinion has her opinion and Dave Ramsey has his.  I like to use the L.I.F.E. acronym to get the conversation started. L for Liabilities or how much debt you would like to know can be paid off.  I for Income that you would like to replace for a specified amount of time.  F for Final Expenses such as a funeral or any end of life medical costs not covered by health insurance.  E for Education of children and or grand-children.  With a little professional guidance, one can come up with a starting figure on how much Life Insurance you need.

Life Insurance Options

There are two types of Life Insurance, Term and Whole Life.  Term is a temporary policy where-as Whole Life is Permanent. When purchasing a Term policy you choose the length of the term, common lengths are 10, 20, or 30 years. Term policies only include death benefits while, Whole Life policies will include more benefits at a higher cost.  There is a time and place for Term insurance, but Whole Life is by far the better product.  Come in to see me and let me explain why.

Term Insurance

  • Limited coverage period
  • Less value
  • Death benefits only
  • Can be converted to Whole Life

 Whole Life Insurance

  • Coverage for life
  • Must qualify
  • Higher value
  • Death benefits
  • Cash value accumulation
  • Long-term care ride can be added
  • Once you qualify you cannot be turned down

Apply for Life Insurance

Harmon-McClintic Insurance makes obtaining life insurance simple. Consult with us today and we will help you determine the best type of life insurance and the appropriate amount of insurance for your situation. The agents at Harmon-McClintic Insurance are here to help you.  Harmon-McClintic Insurance is a leading provider of Life Insurance in Monticello, Brookston, Reynolds, White County, as well as the whole state of Indiana.  For more information on Life Insurance and how to qualify, contact us at (574)583-9077.

Click to learn more about our Permanent Life Insurance plans, or our Term Life Insurance plans.

Life Insurance

Contact Us

Harmon-McClintic Insurance
115 W Broadway
Monticello, IN 47960
Phone: (574) 583-9077

BUSINESS HOURS

M-F: 8:00 am - 5:00 pm
SAT: By Appointment
SUN: Closed
After Hours By Appointment

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