Life insurance FAQs

Many people are not very knowledgeable when it comes to life insurance. If you have lots of questions, you are not alone. In Astoria, OR, the knowledgeable agents at Linda Dugan Insurance are here to answer the questions that you may have and help you to come up with the right life insurance combination for you. 

Whole life or term, what to choose? 

Whole life insurance is insurance that lasts for your whole life. Once you buy it you can keep it at the same premium forever. It also earns dividends, so it is a way to accumulate some extra savings and you can borrow from the money you have. Term life insurance has a term. When the term is over, the life insurance is over, or at least it is over at the previous rate.  All you get is the death benefit, nothing more.

When to purchase life insurance? 

The obvious answer is before you need it. But, if you are young and healthy, the premium will be the lowest and that is a good time to invest in whole life insurance. When you have heavy obligations and the need to provide for dependents, that is the time to get term life in the amount you need. 

Do I need to buy life insurance if I get some from work?

Do you know exactly how much you get from work and the type of insurance you have? Will you be able to bring it with you if you leave their employ? This is something important to consider. What if you get sick and can’t work or the business closes? It is always best to be in control of something as important as your life insurance. 

Contact Linda Dugan Insurance in Astoria, OR when you have questions about life insurance.

Protect your OR company with a comprehensive commercial policy

The greater Astoria, OR area business community relies on Linda Dugan Insurance for all of its insurance needs. If you want to make sure that your OR company has the protection it needs, call us today.

The many benefits of a comprehensive commercial policy

With a comprehensive commercial policy, you will enjoy benefits above and beyond those provided by basic policies. If you want to make sure that all of your inventory, equipment, and cash flows are protected, it may be time to upgrade your current commercial policy. In fact, we recommend that all of our business clients carefully review their policies at least once a year for completeness. You never know what gaps there may be in your policy until you take a closer look.

Comprehensive policies can provide additional features such as cash flow interruption, key employee coverage, and a number of different benefits that can keep your company growing. Life is full of unexpected events, and many can be detrimental to your bottom line. When you have the right commercial policy in place, you can rest assured knowing that you have the protection you need.

As your company grows, so too will its insurance needs. Don’t become complacent with your coverage! The coverage that was a perfect fit when you were first starting out may no longer be sufficient for your needs. It only makes sense to learn more about your options.

Now is the right time to find out more!

If you are a business owner in the greater Astoria, OR area, it’s time to get to know Linda Dugan Insurance. We can help you find the right policy that provides your company with the protection it needs. Give us a call today to schedule a consultation and find out more!