If you have a family, you want to provide for them. The only way to do this properly, if you die unexpectedly, is with proper life insurance coverage. Most Columbia, IL residents get life insurance as they get older, but that doesn’t mean that they have the right level of coverage. At Taake Insurance Agency, we have seen too many people come to us because their last life insurance provider wasn’t giving them the best service. Here are three common mistakes we see when looking at people’s past life insurance policies.

1. Only Using Employer-Provided Insurance

This may be enough when it comes to your health insurance, but it’s a mistake to rely only on life insurance provided by your employer. Employers usually provide limited coverage, generally amounting to about three times your salary. This might be enough for some. It won’t be close to enough coverage if you have a bigger family or a child with medical needs.

2. Waiting Too Long

The later in life you purchase life insurance, the higher your policy will be. In some cases, waiting too long could completely prevent you from getting life insurance at all. You get more coverage at a better price when you get life insurance earlier in life.

3. Not Comparing Quotes

Too many people who are shopping for life insurance are under the impression that all policies are the same. This couldn’t be further from the truth. Different companies provide different levels of services at a variety of prices. It’s also important not to blindly take the cheapest life insurance. The cheapest is not always the best.

At Taake Insurance Agency, we have been providing life insurance services to the residents of Columbia, IL, with great results. If you are interested in getting the ideal life insurance policy, call or email us today.