Frequently Asked Questions

How much life insurance should an individual own?

Rough “rules of thumb” suggest an amount of life insurance equal to 6 to 8 times annual earnings. However, many factors should be taken into account in determining a more precise estimate of the amount of life insurance needed. Important factors include:
  • Income sources (and amounts) other than salary/earnings
  • Whether or not the individual is married and , if so, what is the spouse’s earning capacity
  • The number of individuals who are financially dependent on the insured
  • The amount of death benefits payable from Social Security and from an employer sponsored life insurance plan
  • Whether any special life insurance needs exist (e.g. mortgage repayment, education fund, state planning need, etc.)

Please contact us for a precise calculation of how much life insurance is needed.

BROWSE ALL >

Subscribe to email feed

 

Contact Information

Churchville location »
2907 Churchville Road, P. O. Box 70
Churchville, MD 21028
(800)519-8387

Elkton location »
211 West Main Street
Elkton, MD 21922
(800)519-8387

NO_farm1

FARM INSURANCE

As farm specialists in the Harford and Cecil County area, Lassen, Marine & Webster can assess your unique needs and risks to recommend the best insurance for you whether you’re running a large-scale operation or small family farm.


 

Farm auto insurance covers all of the vehicles used on your farm property and protects you financially from auto injuries, damages and losses associated with your vehicles, employees or other persons.

Whether you have just one farm truck or a fleet of vehicles, farm auto is designed to help financially cover potential auto-related damages, loss or injury on or off your farm property. Not only does it protect you, but it protects your passengers, fellow drivers, pedestrians, other’s property and your vehicles. Coverages include, but are not limited to:

  • Bodily injury
  • Medical payments
  • Property damage
  • Comprehensive
  • Collision
  • Uninsured/underinsured motorists