Health & Life Insurance For Individuals In Florida
Get an individual health and life insurance policy that provides security for your life and financial goals without depending on plans from an employer.
Build Your Best Life With Solid Insurance Coverage
Health insurance is usually an obvious choice, but some individuals are hesitant about buying life insurance.
Even if you don't have a family that is dependent on you, you'll find that the right life insurance coverage can support your investment objectives as well as provide other benefits that you can use while you're still alive.
No matter your financial condition, the right insurance plans can reduce your financial risks and help provide security for your financial future and for your loved ones.
The best part is that you don't have to depend on an employer-sponsored plan to get the insurance that you need.
Benefits Of Investing in Individual Insurance Plans
Protect Your Family
Your loved ones depend on you for their daily well-being. Keep your family secure in the event of unexpected life events that you are not here to provide for or make sure that they're covered for unforeseen medical expenses.
Plan For Your Future
From hospital visits to funeral expenses, life events can devastate your savings and sidetrack your financial goals. Insurance benefits help ease those unexpected burdens and keep you on track to reach your objectives.
Did you know that whole life insurance policies can act as your own personal bank? You could be adding cash value to a permanent insurance plan with underlying investment options. Put your policy to work while you're still alive.
Let A Financial Professional Walk With You
Our team has decades of experience building both individual and group insurance plans. We can't wait to help you navigate the details to build your ideal insurance plan.
Let us do the hard work of dealing with the insurance companies, decoding the benefits and premium payments on your policy, and delivering you the best solution available.
Our goal is not just to get another dollar from our customers. We want to help you add the risk management and cash value that you need to build the life and legacy that you were meant for.
Contact us today to help you secure a low-cost plan that fits your specific situation and budget.
Individual Insurance Options
Individual Health Insurance Florida
If you don't qualify for an employer medical insurance policy in Florida, then you have options. Protect yourself against the financial risk of unexpected hospital bills, doctor visits, prescription costs and more. Find the right balance of premiums and benefits to support your life and health.
Term Life Insurance
A term life insurance policy is in effect for a set period, typically 5 to 30 years. These policies protect your family in the event of your unexpected death. The main benefit is a pay-out of an agreed-upon lump sum death benefit to your beneficiary to cover costs for hospital bills, funeral expenses, debt payoff, and more.
Permanent Life Insurance
Build cash value with the investment component of a permanent life insurance policy. We'll help you choose between whole life insurance, universal life insurance, or universal life insurance and show you how put them to work throughout your life and make them part of your overall retirement savings plan.
Other Insurance Options
Our services don't end there. From vision and dental to disability options, we can help. Don't let lack of employer benefits or self-employment restrict your insurance options. Let us help you put together your own individual insurance package to protect you and your loved ones in the event of the unexpected.
FAQ About Individual Life Insurance Coverage In Florida
Get the information that you need about our specialty: life insurance. If you don't find what you need here, then feel free to contact us. We are always happy to talk you through it and help provide other important information about life, health, and other insurance options.
Yes. A single person can get life insurance. Most customers start investing in this type of insurance if they have a families or a spouse that is dependent on them for income. However, that doesn't mean single people are excluded from coverage. Mainstream insurance providers and their affiliated companies provide policies for single people.
Individual life insurance is a policy designed for those that are self-employed or don't have access to group life insurance from an employer. Depending on the type of policy, it can cover basic expenses for funeral costs, provide financing options for life purchases or even provide a tax-advantaged way to build your tax-free retirement money.
To buy individual insurance for yourself, you will need to submit an application to your insurance company. The account application will require basic information about yourself, your job, and any important medical information that could impact your policy. Kingsman Financial can help you find the right policy and providers and navigate the entire application and policy management process.
You should buy a life insurance policy that equates to 10 times your yearly income. This insurance plan should be more than enough to cover your needs. It's important to consider your unique financial needs including:
- The size of your family
- Your existing debts
- Family obligations (college fees, child care, chronic illness, etc.)
- Your personal age, medical history, and level of risky living
Yes. Life insurance is worth it for a single person. Don't leave your extended loved ones to cover your final expenses and other obligations after you're gone. Investing in a permanent policies also offer additional advantages beyond the death benefit that you can access while you're still alive, both before and during retirement.
The cost of life insurance for a single person starts at around $18 per month. Your individual cost will vary depending on your choice of term life insurance or a permanent life insurance option. In addition, the younger you are when you buy your policy, the cheaper premiums you will pay.
No. It is not expensive to buy a life insurance policy. In fact, many people are surprised that term life insurance policies are one of the cheapest types of insurance that you can get. Some companies will allow you to pay as low as $18 to $26 per month. This is further amplified by the fact that a younger person can get massive discounts on their plan. An insurance company won't see you as a big liability if you're under 40.
Health insurance for 1 person in Florida can cost anywhere from $350 to $950 per month. There are many factors that will determine your personal cost. The cost will vary drastically depending on the individual. Working with an insurance agent, like Kingsman Financial, will help you to find the best price and benefits available. So, give us a call today and we will help walk you through finding the right policy to fit your needs.
No, you cannot get life insurance on just anyone. In order to set up a policy, you must first have what we call an "insurable interest." This simply refers to a relationship that justifies the need for a policy. Contrary to what most might think, this is not limited to only family members. The most common examples of this type of relationship are a spouse, child, mother, father, caregiver, or business partner.
Yes. You can cash out a life insurance policy before death. However, there can be negative consequences for cashing out your policy early. These could include tax penalties as well as difficulties obtaining a new policy (higher cost and health qualifications). You should always speak to your insurance company agent before making this decision. You may have additional options that you aren't aware of.
Yes. You can have 2 policies. In fact, you can even have more than 2 policies as long as you meet the qualifications. A life insurance policy can provide much more than just a death benefit payout. These benefits provide many reasons for you to choose to set up multiple policies. Contact us today to find out more about how multiple policies can be helpful for your individual situation.
Get Your Health Or Individual Life Insurance Policy
You don't have to depend on an employer for affordable insurance options. Let our team help you build your own health and life insurance plans to support your goals and plan for life events.
Contact us today to put together your own customized policy that works for your financial situation.
This website is for informational purposes and does not take into account the personal investment goals or financial situation of any client. See our full disclosures here.