Basics

The Basics of Life Insurance are the areas in your planning process that should be addressed prior to obtaining a policy. The amount of time and knowledge you have can drastically impact your Life Insurance goals. It’s important that you take the steps necessary to obtain the information you need.

Regardless of your age or the stage of the amount of money you have, we can assist you with; 

  • Understanding Your Life Insurance Options.
  • Providing a Current & Future Needs Analysis.
  • Obtaining or Reviewing Your Life Insurance Coverage.
  • Supplementing Your Employer Offered Benefits.
  • Creating a Business Exit Strategy.
  • Cost Comparing Multiple Products.

Don’t be shy….. Click a button to the right for more information or to schedule a consultation. Our goal is to provide you the tools and knowledge necessary to make educated decisions about Life Insurance in a manner that allows for a long lasting relationship.


  • When should I Obtain Life Insurance?
  • This depends on what the need for life insurance is. Typically the younger the age that you obtain life insurance, the more cost effective it will be. Other factors would include your current health and how long you need the life insurance for.
  • How many years do I need Life Insurance?
  • When calculating the number of years in which you need life insurance, knowing the specific purpose of the insurance is imperative. For instance, if the purpose of the life insurance was for Mortgage Protection you would calculate the number of years remaining on the mortgage and use that number as a starting point for the number of years in which you need to be covered.
  • What types of Life Insurance are available for me?
  • There are various types of life insurance available to you today. This includes, but is not limited to; Term, Whole Life, Universal Life and Indexed Universal Life. The purpose of the life insurance you wish to obtain is a deciding factor in determining which type of coverage best suites your needs. Meeting with a licensed Life Insurance Agent would help you with this decision.
  • How much Life Insurance do I need?
  • There are several factors to take into consideration when determining how much life insurance you need. The amount of coverage that you need today may change from the amount that you need tomorrow. Meeting with a licensed Life Insurance Agent would help you determine how much insurance you need today as well as in the future.
  • Where do I get Life Insurance?
  • Life insurance is obtained from a Life Insurance Company. Sullivan Capital and its representatives represent a multitude of Life Insurance Companies in order to offer our clients cost effective solutions. Simply Contact Us and we can help you get the process started today.
  • Why should I have Life Insurance?
  • There could be numerous reasons why you should have life insurance. Some common reasons for having life insurance are for; Final Expenses, Mortgage Protection, Income Replacement, Retirement Planning, College Funding, Asset and Business Protection and simply leaving a legacy to your heirs. Only you can determine what the true need for life insurance is.