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Rudy Villasenor

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How Much Life Insurance Do I Need?

There is not a one-size-fits-all solution for life insurance: the perfect fit depends on your unique circumstances.

You will want to look at your income, your health, your family, and your goals to determine how much insurance you need. Keep in mind that your policy can grow with you, so there is no wrong answer!

How much you contribute to your household income?

If you have children, do you want to save money for their college education?

Would your loved ones be financially prepared to cover the cost of your funeral expenses?

How much debt would you leave behind?

How will inflation affect these numbers?

How Much Does A Funeral Cost?

Over the last 30 years, funeral expenses have risen more than 225% according to the Consumer Price Index.

Statistics from The National Funeral Directors Association (NFDA) show that families paid an average of close to $8,000 for burial with viewing. And that amount/figure does not include the cost of a vault, headstone or the cost of opening or closing the ground, which can easily add thousands to your bill. If you hoped to escape these costs by choosing a cremation with viewing, you may not be saving much, as cremation with viewing costs around $6,000.

One current projection says the average cost of funerals will rise to $17,528 by 2030. Facing these expenses, some families may choose to take on debt in the form of loans or money borrowed from friends. Making financial decisions is not what loved ones need during a difficult time. Instead, they need space for grieving and time to heal. Coordinating arrangements with final expense insurance makes it easy for your family to access the funds they need.

Meet Your Agent, Rudy Villasenor

Licensed Broker & Senior Field Underwriter

As a seasoned life insurance agent, I am dedicated to providing personalized financial protection solutions tailored to each family's unique needs and circumstances. With a comprehensive understanding of various insurance products and a commitment to integrity and professionalism, I strive to guide individuals and families through the complexities of life insurance, helping them secure peace of mind and financial security for the future.

  • National Producer Number: 21210793

  • Partnered with over 15 A-Rated Companies

  • Specializes in Final Expense, Term Life, IUL, & Annuities

  • Works for YOU, not the insurance companies

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