How Do I Know How Much Life Insurance I Will Need?

There are many factors that come into play when deciding how much life insurance you need. If you have a family member or someone who financially depends on you, that needs to be considered. You will need to determine a rough estimate of how much money your beneficiary will need to cover expenses after your death, including mortgage, any existing debts, tuition, end of life expenses, and more.

Do I Need To Be In A Good Physical Condition? Will There Be A Physical Test?

During your application process, you will be required to undergo a medical assessment. You can expect to answer questions about your current health, lifestyle, habits, your family’s medical history, and your personal health history. You will need to provide a blood and urine sample, your height and weight measurements, your blood pressure and other vitals, and be screened for nicotine or drug use.

Is There A Way To Reduce The Cost Of A Life Insurance Policy?

The best way to ensure a low premium and excellent coverage options is to invest in life insurance as soon as you turn the legally required age of 18 years. The younger and healthier you are, the better your options are. It is also wise to live a healthy lifestyle, and avoid drugs, alcohol, and tobacco. Visit with a life insurance agent in Glendale to learn more about how to get started!

Top-Rated Peoria Life Insurance Agents At PHX Life Insurance

Q: How Can Life Insurance Benefit My Family's Finances?

While you are able to provide for your family financially right now by working hard and making wise investments, continuing that financial care after your death is virtually impossible unless you have invested in life insurance. The best way to ensure the financial security of your family after your passing, along with funding your funeral expenses, is through a life insurance policy.

Q: How Will Your Life Insurance Agents Determine My Premium?

Typically, the premium for a life insurance policy is based on two factors – mortality and interest. Your age, current health, family health history, and lifestyle habits are all taken into consideration, along with your death benefit amount, the type of policy you have purchased, and your existing budget for premiums. In most cases, the applicant is required to undergo a medical exam as part of the process for determining the policy premiums.

Q: Is It Possible To Get Tax Benefits From A Life Insurance Plan?

Life insurance policies offer a variety of convenient tax benefits that are an added bonus to make the investment worth it. The death benefit paid to your beneficiaries is considered non-taxable income and not required to be reported to the IRS. Any money borrowed against the policy’s cash value is considered non-taxable and not required to be reported. Always check with your life insurance agent about your specific policy!

Top-Rated Life Insurance Agents In Peoria

When the unexpected happens, a life insurance plan enables you to provide a financially secure future for your spouse, children, parents, or business. We believe that everyone can benefit from the peace of mind and security that a life insurance plan can provide. If you want to learn more about how a life insurance plan can protect the future of your family, get in touch with our friendly insurance agents to discuss your options. We have many plans available for every budget.

LEARN ABOUT
LIFE INSURANCE

There are multiple types of life insurance available for individuals and families in Arizona, including term and whole life insurance. Our Peoria life insurance agents will build a relationship with you, learn your goals, and help you find the perfect insurance plan that will meet your needs while giving you peace of mind about your family’s future.

Our agents have extensive experience navigating the complex world of life insurance and are ready to help you explore your options so you can choose a policy that will work well for you.

Life Insurance Agent Explaining Our Life Insurancy Policies To Peoria Resident

OUR TEAM CAN CONSULT WITH YOU ABOUT ALL OF THESE TYPES OF LIFE INSURANCE POLICIES

Types of Life Insurance Policies We Provide To Peoria Residents

TERM LIFE INSURANCE

Term life insurance provides coverage for a specified period of time, usually 10-30 years, and is an affordable option for many individuals.

Protect the future of your family while you have children in your home
Enjoy an affordable policy that fits your lifestyle and budget
Term life plans don’t change if you are diagnosed with an illness or injury
Provide peace of mind and financial stability for the future

We Provide Term Life Insurance Policies For Peoria Residents

WHOLE LIFE INSURANCE

This type of life insurance policy provides permanent coverage and will remain in effect for the remainder of your life, meaning a guaranteed benefit.

Build wealth and ensure a payout with a permanent life insurance policy
Receive more specific payment guarantees
No increase in premiums and may offer dividends
Simple and easy life insurance policies that can work well for many individuals

UNIVERSAL INSURANCE

Receive a permanent life insurance policy that may provide financial credits to you or your family while providing peace of mind that you’ll receive benefits.

Excess payments are credited back to your policy
Provides a secure, guaranteed payout at the end of your life
Flexible, long term options to protect your family’s finances
No changes to your premium amount even if you get sick or injured

We Provide Universal Life Insurance Policies For Peoria Residents

What Are The Advantages Of Purchasing A Life Insurance Policy?

Tax-Free Income For Your Beneficiaries

Life insurance provides tax-free income for your beneficiaries after your death, which means that these policies offer a way for you to continue to provide for your spouse or children when you cannot. Our Peoria life insurance agency can help you find the right policy for your needs.

The Cash Value Growth Of Your Life Insurance Is Tax-Deferred

The Cash Value Growth Is Tax-Deferred

The value of your life insurance policy will not be taxed as it grows in value. When you choose a life insurance policy from our top rated Peoria life insurance agency, you’ll enjoy a reliable way to protect your family’s future without worrying about tax obligations.

Withdraw Money From Your Peoria Life Insurance Policy's Cash Value

Withdraw Money From Your Policy’s Cash Value

When hard times hit, you may have the option to withdraw advance money from your policy’s cash value. This means a life insurance policy can provide for your family in more than one way and is an essential piece of financial stability.

TESTIMONIALS

Peoria Life Insurance Agents With 5-Star Rated Reviews

Phoenix Health & Life Insurance is a class professional act that can assist you with your Medicare, Life, Group Health and other important Ancillary insurance products. They are well trained and a valuable source of information. Call them if you want straight answers and friendly professional support.

Paul R. ★★★★★
This is absolutely the most excellent insurance company in Phoenix the level of professionalism and care is astounding in age of swindlers milling customers for money. I’ve used them three times and they have gone above and beyond consistently.

Dustin T.★★★★★
I’ve used this company for years for my health insurance. They have always been there to my questions and to make any changes necessary. I wouldn’t go anywhere else.

Veronica M.★★★★★
Incredible service, I highly recommend them.

Marlon D.★★★★★

Frank Stevens, Approved By The Arizona Department Of Insurance

WHEN YOU’RE READY TO BUY LIFE INSURANCE

Our friendly Peoria life insurance agents are ready to work closely with you to build a trusting relationship and understand your needs. We have access to a wide variety of life insurance plans from national providers so you can find the right plan for your family.

We understand that purchasing a life insurance policy can be stressful, confusing, and emotional, which is why we are ready to simplify the process for you. When you work with our top rated Peoria life insurance agency, you can be assured that we will help you understand the details and fine print so you know exactly how your plan will benefit your family, with no surprises.

Get in touch with our trusted agency today to learn more about your life insurance options. Once you have a policy in place, you won’t need to worry about providing for your family if the worst happens. We have you covered!

PROTECTION FOR THE AMOUNT YOU CHOOSE

We can help you find a policy in whatever amount you need to care for your family’s need after an unexpected event.

100% ONLINE,
NO PAPERWORK

Use our secure, easy online process to take care of all of the details, guided by our experienced agents.

We Manage The
Best Benefits For You

GET UP TO 100% FOR
YOUR MONEY BACK

If you’re not happy with our services, we will work with you to find a solution that benefits your family.

CUSTOMIZE YOUR PLAN’S
TERM LENGTH

Flexible terms and affordable plans are just some of the services our top rated insurance agency offers.

Find The Best Life Insurance With Us

Lets Get Started

LIFE INSURANCE CALCULATOR

HOW MUCH LIFE INSURANCE DO I NEED?

You can also receive personalized advice by calling (480) 680-8120

HOW IS YOUR RETIREMENT LOOKING?

Free Retirement Analysis

After You Buy Life Insurance From Phoenix Health And Life Insurance Agency

We know that nothing in life is more important than protecting your family. We’re here to help by providing financial stability and security if you are no longer able to care for your family.

Once you’ve talked with one of our Peoria life insurance agents to discuss your options, set your goals, and found a policy that will fit your needs, we will finalize all of the details on your behalf. You won’t need to worry about finding documentation or completing tons of paperwork; we will handle everything and make the process as fast and easy as possible.

Whether you choose a term, whole, or universal life insurance policy, we are confident that you’ll be satisfied with our services and will appreciate the peace of mind you’ll obtain, knowing that your family is in good hands.

Reach out to Phoenix Life Insurance today to get started!

Young Father Bottle-Feeding Toddler Protected By Life Insurance

Life Insurance For Your Needs

BUSINESS
LIFE INSURANCE

Enhance your company’s benefits package by offering affordable, comprehensive life insurance policies for your employees and their families.

INDIVIDUAL
LIFE INSURANCE

Name a beneficiary and enjoy peace of mind knowing that your needs and wishes will be cared for after your passing.

JOINT
LIFE INSURANCE

A life insurance plan that protects both spouses can provide valuable coverage when the other spouse passes.

EMPLOYEE
LIFE INSURANCE

We offer many plans that can protect the financial security of your employees and their family at a competitive price.

Working Alongside Peoria’s Best Life Insurance Carrier

Visit Our Life Insurance Agency Near Peoria

20823 N Cave Creek Rd Building B Suite 101, Phoenix
AZ 85024, United States

info@phxhealthinsurance.com

(602) 698-8986

Find Our Life Insurance Agency's Location On The Map

Life Insurance Services Available In Different Peoria Neighborhoods

Want To Secure Your Family’s Financial Future With Whole Life Insurance In Varney? Call Us Today!

Whole Life Insurance Coverage For Treasure Canyon Estates Residents

Considering Whole Life Insurance Coverage In Treasure Canyon Estates? Explore Your Options!

Looking For Comprehensive Life Insurance Plans In Dove Valley Ranch? We’ve Got You Covered!

Long Term Protection For You And Your Loved Ones With Life Insurance In Fletcher Heights

Need Long-Term Protection For You And Your Loved Ones In Fletcher Heights? Look No Further!

Dependable Whole Life Insurance Providers In Vistancia, Peoria

Searching For Dependable Whole Life Insurance Providers In Vistancia? Let Us Help You Decide!

FAQ About Our Life Insurance Agency

How Can Life Insurance Benefit My Family's Finances?

Life insurance plans can provide a variety of benefits. Most individuals select a life insurance policy because they want to provide for their family’s needs after their death through replacement of income, payment of debts, providing for burial expenses, and more. Some Peoria life insurance policies provide additional benefits, such as annual dividends or the ability to borrow against the cash value. Talk with your Peoria life insurance agent to discuss your options.

How Much Life Insurance Coverage Do I Need?

This will vary for each individual or family. Generally speaking, you’ll want enough coverage to replace your income for as long as you have children in your home, provide coverage for long-term medical needs, pay off debts or a mortgage, ensure that all of your burial expenses are covered, and ensure that your family has financial peace of mind for the long-term future. Consult with your Peoria life insurance agency to determine how much coverage you may be eligible to obtain.

Can I Update or Change My Insurance Policy Later On?

Your insurance agent will walk you through the terms of any life insurance policy that you choose. Some policies are fixed, which offers an advantage to you if you are diagnosed with an illness or suffer an injury in the future. Others may be updated or changed as your needs change in the future. At Phoenix Life Insurance, we are ready to ensure that you fully understand your policy and want to help you find the right policy to meet your needs.

Is it Possible to Get Tax Benefits from a Life Insurance Plan?

Generally speaking, the proceeds from life insurance policies are protected from income tax obligations. This means your beneficiaries will receive a payout after your death that they can use however they choose without worrying about having to pay taxes on the proceeds. You may also be eligible to deduct the cost of your life insurance premiums from your tax returns. Consult with your Peoria insurance agent or tax professional for details on your specific policy terms.

How Will Your Life Insurance Agents Determine My Premium?

We work with nationally recognized insurance carriers to offer a wide variety of life insurance plans to our clients, including whole, term, and universal insurance. The way the premium is calculated will depend on the insurance company who is providing the policy, but generally includes a combination of the value of the benefits, your health conditions, your age, and how long the policy will be in effect.

Do I Need to be in Good Physical Condition? Will There be a Physical Test?

Most life insurance policies will take an evaluation of your current health as well as your health history. A home nurse may take your vitals, including height and weight, blood pressure, urine samples, and basic blood work to verify certain elements of your health. This physical exam will be good for the life of your policy and will not need to be repeated. If you have questions about whether you qualify for a life insurance policy due to a health condition, ask your Peoria life insurance agent for details.

Contact Peoria’s Preferred Life Insurance Agents