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Life Insurance

from Jorgensen Insurance Agency

Spokane Life Insurance

Having the right life insurance is an essential part of fulfilling your legacy and long-term financial plan. As we evolve through the different stages of our lives, so too do our financial liabilities and promises to those who depend on us. As your need for life insurance evolves over the years, Jorgensen Insurance Agency is here to grow with you.

At Jorgensen Insurance Agency, our goal is to give you the peace of mind of knowing that you’ve left nothing to chance. We take the time to help you determine your current financial needs relative to your long-term goals, and work with you to reassess these needs through the transformations of life. 

How Much Life Insurance Do I Need?

The first step in determining how much life insurance you’ll need is to take an inventory of your current financial obligations. Mortgages, tax liabilities, and certain other types of debts are still the responsibility of your estate even after death. The next step is to consider the amount you’ve planned to earn during the remainder of your working years relative to your current age. As you grow closer to realizing your end financial plan, the amount needed to close the financial gap changes. 

What Type of Life Insurance Is Best for Me? 

The promises and plans that you’ve made or that you’d like to fulfill as part of your legacy never have to be left to chance with proper planning and the right life insurance product. 

  • Term life policies offer affordable additional coverage for times when obligation quickly increases relative to your financial goals. Term life insurance policies can bridge the gap during your earnings years and end once your debt obligations have been fulfilled and investment plans have been realized.  

  • Whole life policies offer a guaranteed amount in a plan that can be purchased in full and owned as an asset. Unlike term policies, as long as the premiums are paid on time or once a whole life policy is purchased in full, the policy is in force for your entire lifetime. 

  • Universal life policies offer the lifetime benefits and cash value assets of a whole life policy, but with more flexible benefit and premium amounts. As you navigate the ebbs and flows of life, a universal life policy can grow and change with your needs while also offering cash value options during your lifetime.

Your Trusted Spokane Life Insurance Agency

We realize that you have many options when choosing who you’ll consult with about life insurance in Spokane. We take that responsibility seriously and have built our business on principles of transparency, trust, and respect. Contact our offices today at 509-563-4413 or complete the quick quote contact form. We look forward to being a part of your legacy journey!