• Menu
  • Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Eagle Trust Insurance

Massachusetts Auto, Home, Business, and Life Insurance Company

Header Right

Customer Login|Sign-up
617-625-8400
  • Facebook
  • LinkedIn
  • RSS
  • Twitter
  • Home
  • What We Insure
    • Overview
    • Auto Insurance
    • Homeowners Insurance
    • Renters Insurance
    • Condo Insurance
    • Business Insurance
    • Term Life Insurance
  • Get a Quote
    • Overview – All Quotes
    • Auto Quote
    • Home Quote
    • Renters Quote
    • Condo Quote
    • Dwelling Fire (Rental Property)
    • Business Insurance
    • Life Insurance Quote
  • Service Center
    • Overview
    • Billing & Payments
    • Report a Claim
    • Manage Your Policy
    • Login to CSR24
  • Resources
    • Overview
    • Glossary
    • RMV Links
    • Videos
    • Sitemap
  • About Us
    • COVID-19 (Coronavirus) Notice
    • Company Profile
    • Contact Us
    • Employment Opportunities
    • Privacy Policy & Terms of Use
    • Trusted Choice Pledge
  • Blog
  • Home
  • What We Insure
    • Overview
    • Auto Insurance
    • Homeowners Insurance
    • Renters Insurance
    • Condo Insurance
    • Business Insurance
    • Term Life Insurance
  • Get a Quote
    • Overview – All Quotes
    • Auto Quote
    • Home Quote
    • Renters Quote
    • Condo Quote
    • Dwelling Fire (Rental Property)
    • Business Insurance
    • Life Insurance Quote
  • Service Center
    • Overview
    • Billing & Payments
    • Report a Claim
    • Manage Your Policy
    • Login to CSR24
  • Resources
    • Overview
    • Glossary
    • RMV Links
    • Videos
    • Sitemap
  • About Us
    • COVID-19 (Coronavirus) Notice
    • Company Profile
    • Contact Us
    • Employment Opportunities
    • Privacy Policy & Terms of Use
    • Trusted Choice Pledge
  • Blog

Tips for Purchasing Life Insurance in Massachusetts

If you have debts or a family to support, then you need life insurance! You may think that you cannot afford to purchase a policy, but can you or your family afford not to have a one should you die unexpectedly? Purchasing a policy may be more affordable than you think. As you evaluate options, keep these tips for purchasing life insurance in Massachusetts in mind.

Buy Insurance While You’re Young and Healthy

Don’t wait until you’re old or ill to think about purchasing life insurance. It may be unaffordable by that time. The key is to purchase a policy while you’re reasonably young and healthy. Both your age and health are directly related to the premium that you are charged. Starting young and healthy allows you to lock in a low rate for the life of the policy.

Compare Rates Among Providers

Consider using an insurance broker to compare rates at different companies. This will save you significant time and will allow you to find the best option for your needs. Prices can actually vary greatly among providers, and you may not realize this is you’re only checking one or two. Insurance brokers can also provide insight on the quality and reputation of different companies.

Select a Policy that You Can Easily Afford

Some life insurance policies have low premiums with fixed cash value and others have high premiums with even higher cash value. Although the cash value of the policy is certainly important, equally important is your ability to pay for that policy long-term. Make sure you are comfortable with the monthly or annual premiums. If you change jobs or experience other changes in your life (such as kids going to college), can you still afford the policy? A premium that you cannot or might not be able to sustain long-term will do you no good, so carefully evaluate the premium and the commitment that you are making.

Purchase Sufficient Coverage

One of the most important tips for purchasing life insurance is to buy the right amount of coverage. Consider your goals. Are you looking to pay off debts, provide for the future education of your children, replace your income, etc.? The cash value of your policy should be enough to fulfill your goals. Sit down and create a quick tally of what amount your family will need in the event of your death, and be sure to purchase enough coverage.

Summary of Tips for Purchasing Life Insurance in Massachusetts

Thinking about your untimely death can be quite scary, but thinking about what your family will be left with if you don’t have life insurance is even scarier! As difficult as it may be to address your life insurance needs, it’s something that you should not delay. We hope that the tips above will help in your research. You may also obtain a free quote from our website by clicking here.

Previous Post: « Why Term Life Insurance is Often the Best Choice
Next Post: Things You May Not Know About MA Auto Insurance »

Primary Sidebar

Easy Insurance Quote
Need a Fast Quote?
Click the Easy Quote button above for a short quote request form with a fast telephone response from our team members!

BLOG TOPICS

  • Community Involvement (3)
  • Insurance (127)
    • Auto Insurance (71)
    • Condo Insurance (5)
    • Home Insurance (39)
    • Life Insurance (6)
    • Renters Insurance (1)
    • Umbrella Insurance (3)
  • News (24)
    • Bills & Laws (2)
    • Real Estate (6)
  • Tips (209)
    • Car Buying (6)
    • Car Maintenance (5)
    • Credit (2)
    • Driving (20)
    • Holiday (5)
    • Home Buying (8)
    • Home Ownership (85)
    • Home Selling (1)
    • Registration (2)
    • Renting (3)
    • Safety (75)
    • Teen Drivers (1)
    • Travel (5)
    • Weather (22)
  • Uncategorized (6)

Search for…

Footer

Eagle Trust Insurance

125 CambridgePark Drive, Suite 301
Cambridge, MA 02140
Phone #: (617) 625-8400
Toll-free #: (800) 390-1446
Fax Number: (617) 625-8424

Office Hours:
Monday-Friday 9am-5pm
After-hours: Calls will be handled by our emergency call center

  • Facebook
  • LinkedIn
  • RSS
  • Twitter

Quicklinks

  • Make a Payment
  • Report a Claim
  • Manage Your Policy
  • Get a Quote
  • Contact Us

Insurance Products

  • Auto Insurance
  • Homeowners Insurance
  • Business Insurance
  • Life Insurance
  • Condo Insurance
  • Renters Insurance
MA
  • Log In
  • Not Enrolled? Learn More

Copyright © 2023 · Eagle Trust Insurance · Powered by Lanergy Solutions · Log in