Life Insurance in Pittsburg, PA

Life insurance is a financial tool that may provide a payout to your beneficiaries after you pass away. If you’re looking to add this policy to your financial planning, Mcllarth Insurance Agency can help.

What are the Benefits of Life Insurance?

The death benefit from a life insurance policy can be used to help replace lost income, fund daily expenses or pay off debts such as a mortgage or student loans. It may cover future costs like college tuition or retirement savings for your family. Certain policies can also build cash value over time, which you can access while alive.

How Does Coverage Cost?

Life insurance costs depend on many factors, including your age, health, lifestyle and the level of coverage you choose. Term life insurance usually costs less than permanent life insurance because it only covers a specific period.

To figure out how much coverage you need, consider your income, debts and your family’s future expenses. Many people aim for coverage that equals 10 to 15 times their annual income.

How Does the Claims Process Work?

When a policyholder dies, the beneficiary must file a claim with the insurance company. This usually involves submitting a claim form and a certified copy of the death certificate. The payout is processed once the insurer verifies the information and reviews the policy. Approved claims can be settled within 30 to 60 days, provided all documents are in order.

Explore Your Options Today

Mcllarth Insurance Agency offers life insurance plans at favorable rates. Our team can help you select an appropriate policy for you and your loved ones. Contact us today to get started.