Tag: Oak Lawn IL

Even with a medical condition, you can get life insurance but you’ll pay more than a healthy person. You can expect to pay from 40-150% more than someone without a medical condition would pay for the same amount of coverage. 

For instance, if you have a heart condition and are seeking $500,000 in coverage, you could expect to pay $1,000 per month for this policy (versus $500 per month). Talk to Cusack Insurance Agency for expert aid in Oak Lawn, IL.

Life Insurance and Medical Condition 

Life insurance pays for items like hospital bills and prescriptions. Many people choose to buy life insurance when they become sick, rather than deal with the financial risk of buying a traditional policy. 

It’s a good idea to get life insurance if you have a medical condition that could cause your insurance to cover costs for a long time. Also, consider the coverage if you have a long-term illness that could cause your insurance to cover costs for a long time. 

If you have a serious medical condition, like diabetes or heart disease, you may not be able to work or spend most of your time in the workplace. If that’s the case, life insurance may be a better choice. 

If you can work but only make about 30% of your usual income, life insurance may be a good way also. A patient with a certain health condition may be more susceptible to infection than another patient. If you happen to be in this situation, you can get life insurance. 

Life insurance provides protection against certain types of risk. If you have a medical condition that may happen to your child or anyone else in your household, you need the coverage. Most doctors and health insurance plans will provide coverage for your child’s doctor if you have health insurance.

Give Us A Call 

When you have health problems, insurance can help you get the treatment you need without worrying about what will happen if you don’t accept the treatment. 

If you have a medical condition that makes you more susceptible to disease, life insurance can help you get the treatment you need. For expert insurance advice, contact us today at Cusack Insurance Agency in Oak Lawn, IL.

Most of the time when we think of investments, we think of savings accounts and retirement plans. But life insurance is also an important type of investment as well. At Cusack Insurance Agency, serving Oak Lawn, IL, we are here to answer your insurance questions so that you can make the best insurance choices. Keep reading to learn more about life insurance. 

Life Insurance FAQs 

How Does Life Insurance Work?

Life insurance is a type of insurance product that you pay for during the course of your life. In the event that you pass away, a life insurance benefit will be paid to your family. This benefit can be used to pay for your final expenses and/or to help your family financially. 

How Much Will Life Insurance Pay?

The amount of the benefit will vary depending on the policy you purchase. Life insurance policies come in different amounts. The amount you need will be unique to your particular family and situation. 

How Much Life Insurance Should I Purchase?

To determine how much life insurance you should purchase, you will need to sit down with an insurance representative. This professional will be able to look at the details of your family and finances to help you figure out an appropriate amount of life insurance. Remember, the amount of life insurance you purchase will depend on your family’s goals, the standard of living, and expectations for the life insurance policy. 

When Should I Buy Life Insurance?

Life is uncertain, so there is never a bad time to buy a life insurance policy and start planning for your family’s future. 

If you would like to learn more about life insurance, or any of our other insurance products, please contact us at Cusack Insurance Agency, serving Oak Lawn, IL, and the surrounding areas. We will be happy to answer your questions. 

If you have homeowner’s insurance, could you back up a claim for the items in your house? Do you have proof that you own your TV, the clothes in your closet, that antique necklace?

An inventory of your personal items is a big job, but it doesn’t have to be overwhelming. Cusack Insurance Agency, serving Oak Lawn, IL, can help with any questions you may have about this process. 

Here are four steps to success: 

1. Capture Images                                                            

Start with a video or pictures.  Record room by room, sweeping the camera slowly over all the walls, all the contents, and inside closets and drawers. Talk while you’re recording, describing things.  

If you decide on pictures instead, take at least four pictures of every room, plus the contents of closets and cabinets. Keep photos in order so it’s clear what items are in which room.   

2. Hang Onto the Details     

Keep all your receipts and big item information in one place. You’ll need makes, models, and serial numbers to replace appliances and electronics. You’ll need appraisals if you have expensive jewelry or collectibles.

3. Make the List

You also need a list of everything you own, whether you go old-school with pen and paper, make a spreadsheet, or use an app like Nest Egg or Sortly.

Fortunately, less expensive items, like hardcover books, pants, or shoes can be grouped. Record what the insurance company needs to prove you owned it, and what you need to be able to replace it.

4. Keep it Safe

Once you have your images, your list, and your backup documents like receipts, keep them together in a safe deposit box. If it’s all digital, back it up in the cloud. If it’s physical, keep copies of the property.

Sending a copy to your insurance agent is also a great idea. At Cusack Insurance Agency serving Oak Lawn, IL, we can double-check if you have enough coverage for all your personal property.