217-355-5555
 


 

 

Additional Information

About Us
Contact Us

 
AUTO
insurance		 HOME & PROPERTY
 insurance		 BUSINESS & COMMERCIAL
insurance		 LIFE
insurance		 MEDICAL
insurance

Life Insurance

Brya Insurance can help you find the right life insurance policy for your situation. We offer over 10 different life insurance plans for your unique needs. From low cost Term Life to cash value Universal Life we have what it takes to get the job done.

At Brya Insurance we start with the basics, and help you build a plan from there. When it comes to life insurance, most people don't plan to fail...we just fail to plan.

We have changed the purchasing of life insurance to a comprehensive and painless experience. This is a subject most people avoid, but it is probably the largest single event that will affect a family.

So where do you start?
First you have to identify your needs. Why do you need life insurance?

Expenses incurred from dying. Most of the time we do not just die. Usually we will be kept alive for some period of time before we die. As we all know the expenses mount very quickly. Such expenses may include: Hospital Bills, Ambulatory Bills, Physician and Surgeon Fees, Funeral Home,  Mortuary Bills, and Cemetery Bills.   

Current commitments such as: Income Replacement, Home Mortgage, Business Loans, Car Loans, Credit Card Balances. 

Future commitments like: Children's Education Fund, Spouse's Retirement, Estate Creation - helps when you want to "even out" your estate for your heirs, and the biggest one of all ESTATE TAXES.
 
 
 

How much do I need?

Start off with a general rule of thumb, five times your annual salary. This will be for income replacement, which is necessary if you are married or are responsible for another person. This amount will enable your spouse and family to adjust their standard of living during the period immediately after your death.
 
Add to the above amount any balances for mortgages, loans and any other debt. This will enable your family to have a debt free start. This is important when losing a "breadwinner".

Now add to this amount the cost of your future obligations: the Children's Education Fund, Estate Taxes, etc.
 
 You have now arrived at the approximate amount of coverage you will need.

What kind of life insurance should I purchase?

Maybe a simple Term policy will do the trick.

Sometimes a Universal Life policy would be better suited for the needs at hand.


Perhaps a combination of life insurance plans and riders will fill the bill.

Back to the basics. First decide how much you can afford to set aside for a policy. This is an important step because you are making a lifetime commitment. This will enable you to take a realistic approach to your life insurance planning.

Next we can discuss your policy choices and options.