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Category: Life Sense

How to Choose a Life Insurance Beneficiary

Life insurance is important to protect your family’s financial future. Who you name as a beneficiary can be just as important as your initial decision to purchase life insurance. It’s a big job, which is why it’s important to choose the right person – someone who’s trustworthy and knows what matters most to you. Your local ERIE agent is here to help you determine the...

Survey: Could You Accurately Guess The Cost of Life Insurance?

Life insurance: It’s not exactly the kind of topic that comes up during family dinner. No one really wants to talk about the death of a loved one. But when it comes to securing your family’s financial security, it’s a conversation that needs to happen. The fact is, there are many things about life insurance that people don’t know. Find out what people had to...

Medicare Supplement Insurance: Is Plan F Going Away?

Starting Jan. 1, 2020, Medigap plans sold to people new to Medicare won’t be allowed to cover the Part B deductible. Because of this, Plans C and F will no longer be available to people who are new to Medicare on or after Jan. 1, 2020. However, if you already have one of these two plans (or the high deductible version of Plan F), you’ll...

I Have Life Insurance Through Work. Isn’t That Enough?

Picture this: You land an exciting new job with great benefits: vacation time, health insurance, 401(k)… even free lunch once a week! They offer group life insurance, too – two times your annual salary. That sounds like a lot, right? In many cases, it might not stretch as far as you think. Let’s say you make $50,000 per year. A benefit of $100,000 can make...

What To Expect From A Life Insurance Exam

While you’ve likely shopped around to find the best auto, home or renters insurance, there might still be one lingering item on your insurance to-do list: get a life insurance policy. The process to get a life insurance policy isn’t that different from what you’re used to: Find a company you trust and work with a trusted professional to determine how much coverage you need. However,...