Insurance FAQs — JJ Insurance

Question 1

How much does life insurance cost?

Accepted Answer

Life insurance is more affordable than most people think. A healthy 35-year-old can get $250,000 in term coverage for as little as $20–$30/month. The exact cost depends on your age, health, coverage amount, and the type of policy. The best way to know your rate is to get a free quote — it takes just a few minutes.

Question 2

What is the difference between term and whole life insurance?

Accepted Answer

Term life covers you for a set period — 10, 20, or 30 years — and is the most affordable option. It's ideal if you want to protect your family during your working years or while paying off a mortgage. Whole life covers you for your entire life and builds cash value over time, making it a permanent solution that also serves as a financial asset.

Question 3

Can I get life insurance if I have health problems?

Accepted Answer

Yes, in many cases. Many plans offer simplified underwriting with just a few health questions, and some — like guaranteed issue final expense policies — accept everyone regardless of health history. The key is working with an independent agent (like me) who can shop multiple carriers to find the best fit for your situation.

Question 4

How much life insurance do I need?

Accepted Answer

A common rule of thumb is 10–12 times your annual income, but the right amount depends on your debts, dependents, income replacement needs, and goals. I'll walk you through a needs analysis at no charge to help you find the right coverage amount.

Question 5

When can I sign up for Medicare?

Accepted Answer

Your Initial Enrollment Period (IEP) starts 3 months before you turn 65 and ends 3 months after your birthday month — a 7-month window total. Missing this window can result in late enrollment penalties that last for life. If you're still working and covered by an employer plan, you may qualify for a Special Enrollment Period.

Question 6

What is the difference between Medicare Advantage and Medicare Supplement?

Accepted Answer

Medicare Advantage (Part C) replaces Original Medicare with an all-in-one plan from a private insurer — often including dental, vision, and drug coverage, sometimes at $0 premium. Medicare Supplement (Medigap) works alongside Original Medicare to cover the gaps like copays and deductibles. The right choice depends on your health needs, budget, and preferred doctors.

Question 7

Do I need a separate Part D drug plan?

Accepted Answer

If you choose Original Medicare or a Medicare Supplement plan, you'll need a standalone Part D plan for prescription drug coverage. Medicare Advantage plans typically include drug coverage. Skipping Part D when you're first eligible can result in a permanent late enrollment penalty.

Question 8

Can I change my Medicare plan after I enroll?

Accepted Answer

Yes. The Annual Enrollment Period (AEP) runs October 15 – December 7 each year, during which you can switch Medicare Advantage or Part D plans. There are also Special Enrollment Periods triggered by life events like moving or losing other coverage.

Question 9

What is final expense insurance and who needs it?

Accepted Answer

Final expense insurance is a small whole life policy — typically $5,000–$35,000 — designed to cover funeral costs, medical bills, and other end-of-life expenses. It's ideal for seniors ages 50–85 who want to make sure their family isn't left with financial stress. Premiums are fixed for life and coverage never expires.

Question 10

Do I need a medical exam for final expense insurance?

Accepted Answer

No. Final expense plans use simplified underwriting — just a few health questions — or guaranteed acceptance with no health questions at all. This makes it accessible even for people with serious health conditions like COPD, diabetes, or heart disease.

Question 11

How much does a funeral cost?

Accepted Answer

The average funeral in the United States costs between $7,000 and $12,000, and prices continue to rise each year. A final expense policy ensures your family has the funds to cover these costs without dipping into savings or going into debt.

Question 12

What is mortgage protection insurance?

Accepted Answer

Mortgage protection insurance is a life insurance policy designed to pay off or cover your mortgage payments if you pass away, so your family doesn't lose their home. Many plans also include living benefit riders for disability, critical illness, or job loss — providing protection while you're still alive.

Question 13

Is mortgage protection the same as PMI?

Accepted Answer

No. PMI (Private Mortgage Insurance) protects the lender if you default on your loan. Mortgage protection insurance protects your family — it pays off your mortgage so your loved ones can stay in the home if something happens to you. They serve very different purposes.

Question 14

When should I get mortgage protection insurance?

Accepted Answer

The best time is right after you close on your home, while your mortgage balance is highest. Premiums are based on your age and health at the time you apply, so the sooner you lock in coverage, the lower your rate.

Question 15

What states are you licensed in?

Accepted Answer

I am licensed to sell insurance in Texas (TX), Florida (FL), North Carolina (NC), and Arkansas (AR). I work with clients across all four states by phone, email, and video call.

Question 16

Do you work with one company or multiple carriers?

Accepted Answer

As an independent agent, I work with multiple top-rated insurance carriers — not just one company. That means I can shop the market on your behalf and find the best coverage at the best price for your specific situation. I work for you, not the insurance company.

Question 17

How do I get started?

Accepted Answer

It's easy — call or text 903-767-3821, fill out the free quote form on this site, or send me an email at Jwjohnson.ins64@gmail.com. Same-day coverage is available on many plans. There's no obligation and no pressure.

Question 18

Is there a cost to get a quote?

Accepted Answer

Absolutely not. Quotes are always free, and there's no obligation to purchase. My job is to help you understand your options so you can make the best decision for your family.

Frequently Asked Questions

Life Insurance

Medicare & Health

Final Expense

Mortgage Protection

Working With JJ Insurance

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