About Us Famous & Spang Associates a full-service, generalist insurance agency representing many top rated insurance carriers, was founded in Aberdeen, Maryland circa 1909.

Common Mistakes That You Need to Avoid When Buying Life Insurance

Common Mistakes That You Need to Avoid When Buying Life Insurance

For many families, the consequences of a sole breadwinner’s death can be devastating. Life insurance is a useful tool that provides financial security to a policy holder’s loved ones in the event of a tragedy. Whether it is paying the mortgage or paying for children’s college education, a life insurance plan can ensure that they remain financially stable and maintain their current standard of living. And when it is about securing your loved ones’ financial interests, there is little room for blunders.

It is vital to make an informed decision by avoiding any costly mistakes, big or small. So, how can you go about making a foolproof purchase and avoid some common pitfalls to get the coverage your dependents may need in your absence? Let’s take a look.

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Famous & Spang Insurance

Aberdeen, MD

200 W. Bel Air Ave.
Aberdeen, MD 21001

Phone: 410-272-2300
Text: 410-449-7540
Fax: 410-575-6927

We write insurance solutions throughout the Mid-Atlantic Region and beyond.