Monthly Archives: January 2018

Life Insurance and the Cost of Waiting



When is the best time to apply for a life insurance policy?

The answer is: the sooner, the better.

Life insurance rates are based on your age and health at the time of your application. It’s important to take out life insurance sooner than later. With each passing year, the cost rises and anything could pop up, derailing your plans to secure coverage.

Let’s take a look at how much life insurance would cost you at 20, 30, 40 or 50 years old:


Age Death Benefit: $250k Death Benefit: $500k
20 $22.73 $39.04
30 $23.87 $41.28
40 $34.62 $61.92
50 $84.71 $161.25


Age Death Benefit: $250k Death Benefit: $500k
20 $17.84 $28.38
30 $19.96 $33.45
40 $29.10 $51.17
50 $61.06 $113.95


As you can see from the charts above, the rate goes up the older you get. Now is the time to buy and lock in your rate.

Don’t want to wait any longer?

Contact us today to run a custom quote.


Want to know more?

We offer a variety of life insurance solutions and can tailor a product around your individual need and budget. Read our blog, Life Insurance and the Products We Offer, or visit our life insurance product page.

1Rates based on 30-year term, preferred non-smoker rating class, quoted through Banner Life.

Life Insurance and the Products We Offer

Category : Life Insurance , Product

At Knight Magee Insurance, we offer a variety of life insurance solutions. We are able to tailor a product around your individual need and budget. 

Everyone needs some form of life insurance. Whether you are single, married, have young children or have reached retirement, there is a life insurance product designed for you.

Life insurance can help your loved ones:

  • Pay for funeral costs
  • Pay the bills and meet ongoing living expenses
  • Pay off outstanding debt, including credit cards and the mortgage
  • Continue a family business
  • Finance future needs like your children’s education
  • Protect a spouse’s retirement plans


Life and Annuity Products

We offer the following types of life insurance products:



Term or Permanent?

One of the most common questions people have about life insurance is “term or permanent?” The answer is "it depends." A number of factors should be considered when deciding whether term or permanent life insurance is right for you, like:

  • How long you need the coverage and for what
  • How much you can afford
  • How much risk you can tolerate
  • How much flexibility you need

Learn more on our website or contact us directly.

Want to know more?

Waiting to purchase life insurance will only cost you more. Read our blog, Life Insurance and the Cost of Waiting, to see how life insurance rates rise the older you get.

Visit our life insurance solutions page to learn more about we offer.

Avoid Frozen Pipes in Extremely Cold Temperatures

Category : Helpful Hints

Street scene in winter

There’s no denying that winter is in full swing, and it is icy cold outside. When it’s this cold outside, the water in our home’s pipes can freeze and burst—leaving you with a costly mess.

Here are some quick tips to ensure that your water stays flowing through the frigid temperatures:

  • Wrap up any outside faucets
  • Make sure that there is caulk around the pipes where they enter the house
  • Disconnect any garden hoses
  • Drain any in-ground sprinkler systems—but make sure to check the manufacturer’s instructions for how to do this best
  • Inside, let your faucets run at a little stream if the temperature gets below freezing, especially overnight
  • Open up cupboard doors in the kitchen and bathrooms
  • Shut off and drain your water if you are going to be leaving your home for several days

Homeowners insurance may be able to cover after a burst pipe, but it is essential that you have done everything you can to prevent loss.

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