Frequently Asked Questions
You’ve got questions — we’re here with answers.
We get it — insurance and financial planning can feel confusing at times. That’s why we’re here to make things simple, clear, and focused on you. Below are some of the most common questions we hear, answered in a way that puts your mind at ease.
Frequently Asked Questions - General Questions
How do I know which plan is right for me?
That’s what we’re here for. We take the time to understand your goals, your budget, and what matters most to you. Then we walk you through your options — clearly and without pressure — so you can feel confident in your decision.
Do I need a medical exam to qualify for coverage?
Not always. Many of the plans we offer use simplified underwriting, which means no medical exam — just a few basic health questions. We’ll match you with a policy that works for your needs and comfort level.
How long does it take to get approved for coverage?
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Can I meet with someone virtually?
Yes. We offer virtual appointments for your convenience. Whether you prefer a phone call or a video chat, we’ll meet you where you’re most comfortable.
What makes Cardinal Family Insurance different?
We work with over 23 top-rated carriers, which means we’re not tied to one solution. That gives us the freedom to build a plan around you — not the other way around. You’ll get honest guidance, real support, and no high-pressure sales tactics.
Frequently Asked Questions - Life Insurance
What is life insurance and why do I need it?
Life insurance provides financial protection for your loved ones if something happens to you. It can help cover funeral costs, pay off debt, replace lost income, or fund future needs like college or retirement. It’s about making sure your family is secure — no matter what.
What’s the difference between term and whole life insurance?
Term life insurance covers you for a specific period (like 10, 20, or 30 years) and is generally more affordable. Whole life insurance offers lifelong coverage and builds cash value over time. We’ll help you decide which one fits your needs and budget.
How much life insurance do I need?
That depends on your goals — whether it’s replacing income, covering a mortgage, or planning for long-term needs. We’ll help you calculate the right amount based on your family, lifestyle, and future plans.
Can I still get life insurance if I have health issues?
Yes, there are policies designed for a range of health situations. We work with multiple carriers so we can find a plan that works for your needs — even if you’ve been declined before.
Will my rates ever go up?
With most term or whole life policies, your rate is locked in when you purchase the policy — so it stays the same for the life of the coverage. We’ll walk you through all the details before you commit to anything.
Frequently Asked Questions - Financial Planning
What does financial planning include?
Financial planning helps you organize, protect, and grow your money over time. This can include budgeting, retirement planning, debt management, insurance, tax strategies, and more — all tailored to your life and goals.
Do I need to be wealthy to benefit from financial planning?
Not at all. Financial planning is for everyone. Whether you’re just starting out, recovering from debt, or preparing for retirement, having a plan helps you make smarter decisions and reach your goals faster.
How do I know if I need a financial plan?
If you’re unsure where your money is going, struggling with debt, unsure how to prepare for the future, or just want peace of mind, a financial plan can help bring clarity and direction.
Will I get a custom plan or just general advice?
You’ll get a plan built specifically for your life — no templates, no guesswork. We take time to understand your goals, lifestyle, and concerns, and create a clear, actionable roadmap for your future.
Can financial planning help with debt, too?
Yes. Managing or eliminating debt is often one of the first steps in a strong financial plan. We’ll help you understand your options and build a plan that balances both short-term relief and long-term stability.
Frequently Asked Questions - Mortgage Protection
Do I need mortgage protection if I already have life insurance?
Mortgage protection is designed specifically to cover your home loan. Even if you have life insurance, this ensures your mortgage is paid without dipping into funds meant for your family’s other needs.
Will the payout go to my lender or my family?
It depends on your policy. Some plans pay directly to the lender, while others provide the benefit to your family to manage how they choose. We’ll help you find the right fit.
Can I still get coverage if I recently bought my home?
Yes! The earlier you apply, the more options you may have — especially if your mortgage term is just beginning.
Does it only cover death, or can it include disability or illness?
Many mortgage protection plans can include riders for disability, critical illness, or job loss — giving you extra protection during tough times.
How is this different from homeowners insurance?
Homeowners insurance protects your property and belongings from damage or theft. Mortgage protection helps your family cover the loan itself if something happens to you.
Frequently Asked Questions - Final Expense
What does final expense insurance cover?
It typically covers funeral and burial costs, cremation, medical bills, and other related expenses, helping ease the financial burden on your loved ones.
Is there a maximum age to qualify?
Coverage is available up to age 85 with many carriers. Plans are designed with seniors in mind, and there are often no medical exams required.
How much coverage do I need?
That depends on your preferences and final wishes. Most people choose between $5,000 and $25,000 to cover common costs like funeral services and outstanding bills.
Can my family use the money however they want?
Yes. The benefit is paid directly to your beneficiary, who can use it for anything — funeral costs, medical bills, or even travel expenses.
What’s the difference between this and traditional life insurance?
Final expense policies are generally smaller, more affordable, and easier to qualify for. They’re built specifically to cover end-of-life expenses.
Frequently Asked Questions - Retirement Planning & Preparation
When should I start planning for retirement?
The sooner, the better — but it’s never too late. We help people at all stages, whether you’re just starting out or preparing to retire in a few years.
I’m behind on savings — can you still help?
Absolutely. We’ll help you create a personalized plan that fits your current financial situation and helps you move forward with confidence.
What types of tools or products do you offer?
We use a variety of retirement planning tools, including safe-money options, tax-advantaged accounts, and debt strategies tailored to your long-term goals.
Do you also help with budgeting or debt in retirement?
Yes. We look at the full picture — including debt elimination, income planning, and budgeting — to help you retire with clarity and control.
Can I still leave a legacy for my family through retirement planning?
Yes. Many of our strategies include options for legacy or estate planning, so your retirement works for both your present and your future generations.
Frequently Asked Questions - Debt Elimination
I’m overwhelmed by debt. Where do I even start?
That’s exactly what we help with. We’ll look at your full financial picture and create a manageable step-by-step plan that fits your life.
What makes this different from debt consolidation?
Unlike traditional consolidation loans, our strategies don’t require new debt. We focus on payoff strategies and tools that reduce interest and create real momentum.
Will this hurt my credit?
No — in fact, following a consistent debt elimination plan can help improve your credit over time as balances decrease and payments stay on track.
How long will it take to become debt-free?
It depends on your specific situation, but we’ll show you realistic timelines and options that help you move forward without feeling overwhelmed.
Is this only for people with large amounts of debt?
Not at all. Whether you have $5,000 or $50,000+ in debt, the right strategy can help you gain control, reduce interest, and improve cash flow.
Still have a question?
We’re always here to help — whether you’re ready to start a plan or just want a clearer understanding of your options.