Life Insurance

Life insurance is a crucial step in planning for your future and your family’s future. At Marchionne Insurance, we know life insurance can fulfill promises and obligations to your family if you are no longer living. We take our time to understand your circumstances and outline what is needed to safeguard your loved ones financial futures. The death benefit from life insurance is income-tax free and can be used to cover funeral expenses, repay debt, provide education, and pay estate taxes or any other expenses your survivors may incur. Life insurance may also be used to help ensure that a family business will pass to your intended survivor. Don’t leave your financial future at risk, call Marchionne Insurance today, or fill out the easy quote form to the right, and we will help to give you the peace of mind you need to live your life to the fullest.

Considerations When Buying Life Insurance

• We suggested the amount of life insurance should equal six to eight time’s annual earnings.
• Consider any additional income sources (and amounts), other than salary/earnings.
• Married couples should take your spouse’s earning capacity into account.
• Factor in the number of individuals who are financially dependent on the insured.
• Look into the amount of death benefits payable from Social Security and any employer sponsored life insurance plan.
• Review whether any special life insurance needs exist (e.g., mortgage repayment, education fund, estate planning need), etc.