Affordable First-Time Life Insurance Shopping in Little Falls, MN

Although it can be a difficult subject to think about, investing in life insurance now is the best way to provide for your loved ones after your passing. Luckily, with the help of the team at Hanneken Insurance Agency, finding the right policy to fit your family’s needs and budget doesn’t have to be a process you go through on your own.

Invest in Your Family’s Future

As a first-time life insurance buyer in Little Falls, MN, it can be difficult to know where to start. Investing in a life insurance policy now can help your family continue to have the same quality of life that you have always provided after you are gone. Whether you choose term or whole life insurance coverage, your choice to invest in a comprehensive policy now will save your loved ones from lots of added grief later on.

Insurance laws vary from state to state, which can make the online quoting process long and difficult one. However, with Hanneken Insurance Agency you can quickly compare quotes from major national providers online in just minutes. Our team of local independent agents are available to discuss your coverage options and break down your policy at any time.

Get a Quote Today

It is easy to find the best coverage available for your family’s needs and your budget when comparing quotes online with Hanneken Insurance Agency. Give yourself and your loved ones peace of mind with a comprehensive life insurance policy from Hanneken Insurance Agency.

It is never to early to start investing in your family’s future with life insurance coverage. Visit us online today to start comparing quotes and save on an affordable and comprehensive life insurance policy.

SLUG: /life-insurance-first-time-buyers

Can Life Insurance Benefits be given to Charity?

URL slug: /give-insurance-benefits-to-charity

Many people who receive life insurance benefits use the money to pay off mortgages, credit cards and other types of debt.  Others use it to buy a home, a car or some other type of purchase.  And then there are those who prefer to donate the funds to charity.  Is it possible for this to happen?  If you leave an inheritance behind through life insurance, can a beneficiary choose to give it away?

According to most life insurance policies, it is possible for beneficiaries to use money inherited through a life insurance policy in any way that they see fit.  If you prefer for the money to be used in a certain way, you’ll need to open a trust or savings for your loved one and legally designate its use before you become deceased.

On the other side of the fence, if you are looking for a way to make a charitable donation, life insurance proves to be a cost-effective solution.  Take for example that you pay $5,000 a year for 15 years for a whole life policy in the amount of $200,000.  You would have a total of $75,000 invested in a $200,000 payout to a charity of your choice.  Of course the amount you have invested is ultimately determined by how many years you pay the premiums before the policyholder becomes deceased.

As you can imagine, policy options are vast, making it all the more important that you speak with one of our reputable insurance agents serving Little Falls, MN.  Our agents can speak with you about your options and help you find a policy that best meets your charitable donation preferences.