Four life insurance rules to follow

Posted on October 20, 2023October 30, 2023 by admin

Life insurance is a necessity if you have dependents whom you support financially. At Heimgartner Insurance Inc., we can provide life insurance coverage to consumers in Sioux City, IA.

There are numerous rules that consumers should always follow when they buy life insurance.

Here are four life insurance rules to follow:

Have records about life insurance coverage readily available

Once you buy a life insurance policy, you should print out your policy details and keep them available in your family records. This will make it easier for your beneficiaries to file a claim on your policy when you pass away.

Update your life insurance coverage once in a while

Every few years, you should consider how your family’s life insurance needs have changed. You might want to make some changes to your life insurance coverage if the financial situation of you or your beneficiaries changes.

Discuss life insurance coverage with beneficiaries

It’s essential for your beneficiaries to know about your life insurance coverage. Your beneficiaries should know what company provides your life insurance coverage and what the benefits are that your life insurance policy offers.

Get quotes on numerous life insurance policies

Comparing quotes from different life insurance providers is an essential step when you buy life insurance. Getting numerous quotes and comparing them helps ensure that you choose a life insurance policy that is both competitively priced and ideal for your family’s unique financial situation.

Consult With Us

Are you in the market for life insurance in Sioux City, IA? You can rely on us at Heimgartner Insurance Inc. to get the coverage you need. Give us a call to get a quote on a policy.

Can You Dictate How Your Life Insurance Proceeds Need to Be Used?

Posted on March 23, 2023March 23, 2023 by admin

Life insurance can help provide your loved ones with money to carry out your final wishes and money to live on after you pass away. Many people want to have a say in how their life insurance money is spent after they pass, and as such, they wonder if they can dictate how their life insurance proceeds are to be used. Our insurance experts at Heimgartner Insurance Inc, helping those in the greater Sioux City, IA area, provide an answer to this question.

Can You Dictate How Your Life Insurance Proceeds Need to Be Used?

Unfortunately, you cannot put any rules or stipulations on how your life insurance proceeds need to be used. When you purchase a life insurance policy, you have full control over who you name as a beneficiary. Once you pass away, the money will be distributed to the person or persons that you named as beneficiaries. Once the money is distributed, the beneficiaries can spend the money however they wish. There is no way to dictate how the money can be spent or what it can or cannot be spent on.

While you cannot specifically dictate how you want your life insurance money to be used once you pass away, this does not mean that you should not purchase life insurance. Life insurance can still be beneficial to your family, and most people use the money responsibly.

Give Us A Call

If you are looking to provide for your family in case you pass away unexpectedly, Heimgartner Insurance Inc, serving the greater Sioux City, IA area, can help you find the life insurance product that best meets your needs. Call us now to start the process.

Is a term life insurance policy enough for your needs?

Posted on August 29, 2022September 7, 2022 by admin

If you live in the greater Sioux City, IA area and have questions about life insurance, the team at Heimgartner Insurance Inc is here to help! We can answer any questions that you may have and provide you with the information needed to make an informed decision about life insurance. Give us a call, or stop by today.

Is term life insurance enough for your needs?

When it comes to life insurance, it can be difficult for some people to decide how much and what kind they need. Term life insurance is sufficient for some people’s needs, and it might be right for you too.

Whole life policies provide living as well as death benefits for the insured and their beneficiaries. There are some people who do not need these benefits and could be adequately protected with a term policy.

If you want to have a death benefit so that your loved ones don’t have to come out of pocket for your burial and end-of-life expenses, a term policy may be sufficient. People who have a significant estate but worry about probate or the length of time that it may take for their estate to be disbursed may also benefit from a term policy.

Anyone who isn’t looking to protect their children or other dependents may find that term-life policies are adequate for their needs. Determining the right type of life insurance for your needs may take a little bit of time, but it is definitely worth the effort!

We are here to help!

Heimgartner Insurance Inc is proud to provide the greater Sioux City, IA area with quality insurance services. If you have questions about life insurance, we are here to help! Give us a call or stop by today.

Is life insurance right for me?

Posted on November 30, 2021December 1, 2021 by admin

Death is a natural occurrence that can strike at any time and anywhere. Have you ever thought about what could transpire to your loved ones if your demise occurred unexpectedly? Uncertainties like these require a formidable contingency plan to arrest them. Acquiring life insurance from Heimgartner Insurance Inc. serving Sioux City, IA and its environs averts your family and dependents from struggling with financial constraints when you pass away. Life insurance is a strong shield designed to provide peace of mind by knowing that your family will be protected financially if your unexpected demise strikes. Keep reading and establish why procuring life insurance from Heimgartner Insurance Inc. is a prudent decision to make in Sioux City IA.

Protection of your family and loved ones

Does your family depend on your financial support for their livelihood? If so, life insurance is an outstanding tool that will replace your income in case you die. This consideration is vital for parents of young children or adults who would find it challenging to withstand their standards of living if they no longer had access to the income provided by their partner.

To leave an inheritance

Even if you don’t possess any other assets to pass to your heir, you can design a formidable inheritance by procuring a life insurance policy and assigning them as your beneficiaries. This is a magnificent way to set your kids up for a solidified financial future to cater to any emerging financial needs.

To pay off debts and other prevailing expenses

Did you know that your family can employ life insurance to pay for their everyday living expenses? These may include debts such as mortgages, car loans, and credit cards. Other prevailing expenses that can be settled with prolific life insurance include funeral and burial expenses to avert any financial strains during your send-off.

To inculcate peace of mind

We can’t predict when one will encounter his or her demise. It may occur today, tomorrow or many years to come, but at the end of the day it will eventually crop up. It’s factual that no amount of money could ever replace an individual’s life, but life insurance can assist in providing protection from the looming uncertainties. Without any doubt, life insurance will instill you and your family peace of mind by knowing that your family will be taken care of in catering to their financial needs when you are gone.

Are you a Sioux City, IA resident searching for salient life insurance to cushion your family and loved ones when you pass away? Please contact or visit us at Heimgartner Insurance Inc. and get life insurance that suits your needs and budget.