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

Search
Generic filters
Exact matches only
Search in title
Search in content
Search in excerpt

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

Search
Generic filters
Exact matches only
Search in title
Search in content
Search in excerpt

Do You Still Need Life Insurance After Age 65?

How Life Insurance Can Help into Retirement

Why Life Insurance Is Such a Good Bet

A Practical Way to Protect Your Family

Why Permanent Life Insurance Is Still Popular

Is Permanent Life Insurance the Best Choice for You?

Why Everyone Should at Least Have a Small Life Insurance Policy

Even a Smaller Life Policy Can Be Meaningful

Life Insurance 101: What Everyone Should Know

Here are the Basics You Should Knowledgeable

Buying Life Insurance When You Have the Most Options

When Is the Best Time to Buy Life Insurance

Unique Situations That Call For a Life Insurance Quote from an Independent Agent

Your Lifestyle May Impact Your Ability to Get Life Insurance

Why Term Insurance Is So Popular

More Families Are Turning to Term Insurance For Good Reasons. Here’s Why.

Setting a Life Insurance Goal

You May Have Goals For Savings and Investments. What About Life Insurance?

Should You Have Life Insurance? HINT: Ask Your Spouse

Odds Are Your Spouse Would Want You to Have More Life Insurance Coverage