What Amount Would You Sue For?

What Amount Would You Sue For?

Here’s an uncomfortable thought. If a loved one or spouse were to be killed in an auto accident due to the negligence of another, what damages would you seek? There are lawyers who make a career out of such cases, because they often have lucrative settlements.

It is likely you wouldn’t settle for an amount in the tens of thousands of dollars. After all, their life was shortened, ability to produce an income was stopped, not to imagine the other losses associated with an at-fault accident.

While many lawyers will seek out a million dollar or more settlements in such cases, the victim may have only carried a modest amount of insurance on their own life. It can be viewed as a bit ironic that a person may only carry a few thousand dollars of insurance on their own life, but should that life be taken by another, its value rises into the millions.

Understandable, mind you, but a bit ironic.

We are sometimes asked how much life insurance a person should have. You can answer your own question by asking how much compensation would you seek in the event of that’s person’s unjust death? It is a question worth asking.

Life insurance prices are at an exceptionally affordable level. If you haven’t had a price quote on life insurance for you or a loved one, now is the time to at least explore your options. There is no obligation to get a quote. Just contact us and share a bit of information. Tell us about your future financial goals and current personal status. We can go to work building a plan for you. Again, there’s no obligation. Even if you feel you can’t quite afford the full amount of insurance you desire, we can help you get started with a solid plan to build upon,

See how easy we can make it. Connect with on of our agents today.

 


Do you have questions about your insurance? Find an insurance agent near you with our Agent Finder

Buzz Your
Insurance Agent

Search for a local agent with our agent finder map.

Agent Finder

Search All Blogs

Generic filters

Buzz Your
Insurance Agent

Search for a local agent with our agent finder map.

Agent Finder

Want to learn more about
our blog writer?

Read more about KayLynn's background.

Search All Blogs

Generic filters

Read More Insurance Blogs

Term vs. Permanent Life Insurance: Choosing the Right Strategy for Your Life Stage

Compare term and permanent life insurance options to find the ideal fit for your current life stage.

More Than a Safety Net: Why Life Insurance Is a Core Pillar of Comprehensive Family Financial Planning

Learn how modern life insurance strategies protect your family’s financial future and secure generational stability.

Family Financial Strategy

Utilize the steady pace of late-September to assess your life insurance coverage, evaluate income replacement needs, and secure your family’s financial future.

Family Financial Planning

Utilize the steady pace of mid-September to assess your life insurance coverage, evaluate income replacement needs, and secure your family’s financial future.

Mid-Year Financial Reviews and Family Security

Utilize the steady pace of mid-September to evaluate your life insurance coverage, assess income replacement needs, and safeguard your household’s financial future.

Honoring Labor Day Through Long-Term Family Protection

Discover how life insurance acts as the ultimate guarantor of your daily labor, providing essential financial continuity, debt neutralization, and protection for loved ones as autumn approaches.

The Late-Summer Financial Reset

Conduct a mid-to-late-year financial reset to update your life insurance coverage, review beneficiary designations, and secure your family’s future

Beyond Income Replacement: Utilizing Permanent Life Insurance for Intergenerational Wealth Transfer

Secure your family’s financial future across generations. Discover how permanent life insurance and estate planning tools transform death benefits into lasting legacy wealth.

The Ultimate Safeguard: Designing a Life Insurance Plan That Outlasts Uncertainty

True security means knowing your family’s future is permanently protected. Discover how a comprehensive life insurance strategy secures multi-generational wealth.

The Mid-Year Financial Audit: Securing Multi-Generational Wealth Before Q4

Don’t wait until December to review your financial plan. Discover why August is the perfect month to audit your life insurance and lock in generational security.