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A little thing called life (insurance): July 2021

Updated: Apr 14, 2022

A digestible series on commonly asked questions about life insurance.


What is better: Term or Permanent Life Insurance?

Both term and permanent (often called perm) are good products but have very independent purposes. In its simplest functionality, term is like renting and perm is like owning.


How much life insurance do I need?

At the Purcell Agency, we use a specific process called DIME ~ D=Debt, I=Income, M=Mortgage, and E=Expenses and existing life insurance. No one wants to pay for more insurance than they need. This process helps to narrow your focus on your families need and what life insurance you currently have that can help to offset the need.


Am I still eligible for coverage if I have a serious health condition?

Unfortunately, the answer is "it depends". There are major organ issues that can be underwritten. Certain types of cancers when you have experienced at least five (5) years of being cancer-free can be underwritten. Diabetes can be underwritten. Your family is worth the inquiry. Conversations are always free.



Pamela D. Warrior

Regional Director, Life & Financial Services






Hi! I am Pamela Warrior, your Life Insurance and Financial Services Director at the Purcell Insurance Agency. I have spent over 15 years honing my skills to assist families with life insurance, retirement strategies, and general investments. I love working with all stages of life, from young families eager to start planning for their future to CEOs strategizing their career exit and retirement distribution. This work is incredibly important to me and I take your family's future to heart. To learn more, I invite you to click contact us or call my office number at 303.973.8341. I look forward to it.


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Purcell

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3609 S Wadsworth Blvd #100

Lakewood, CO 80235

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© 2022 by Purcell Insurance Agency /// Farmers Insurance Exchange

T Advertisement produced on behalf of the following specific insurers and seeking to obtain business for insurance underwritten by Farmers Insurance Exchange, Fire Insurance Exchange, Truck Insurance Exchange, Mid-Century Insurance Company, Civic Property and Casualty Company, Exact Property and Casualty Company, Neighborhood Spirit Property and Casualty Company, Farmers Insurance Company of Washington (Bellevue, WA) or affiliates. In TX: insurance is underwritten by Farmers Insurance Exchange, Fire Insurance Exchange, Truck Insurance Exchange, Mid-Century Insurance Company, Farmers Texas County Mutual Insurance Company, Mid-Century Insurance Company of Texas or Texas Farmers Insurance Company. In NY: insurance is underwritten by Farmers Insurance Exchange, Truck Insurance Exchange, Mid-Century Insurance Company or Farmers New Century Insurance Company. Home office, Los Angeles, CA.

Each of following insurers who transact business in California are domiciled in California and have their principal place of business in Los Angeles, CA: Farmers Insurance Exchange (#R 201), Fire Insurance Exchange (#1267-4), Truck Insurance Exchange (#1199-9), Mid-Century Insurance Company (#1428-2), Civic Property and Casualty Company (#4241-6), Exact Property and Casualty Company (#4240-8), Neighborhood Spirit Property and Casualty Company (#4242-4).

Life insurance issued by Farmers New World Life Insurance Company, a Washington domestic company: 3120 139th Ave. SE, Ste. 300 Bellevue, WA 98005 (CA#: 0378-0). Farmers New World Life is not licensed and does not solicit or sell in the state of New York.

Securities offered through Farmers Financial Solutions, LLC, (In NY: Farmers Financial Solutions and Insurance Agency), 31051 Agoura Road, Westlake Village, CA 91361. Member FINRA & SIPC

Each insurer has sole financial responsibility for its own insurance. List of all insurers at farmers.com. Not all insurers are authorized in all states. Not all products, coverages, features and discounts are available in every state and may vary by state. Restrictions, exclusions, limits, and conditions apply. See agent for details.

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