Whether purchasing life insurance or auto insurance, there are things that might be helpful to know beforehand. However, many of these things are not well known facts. Take a look, you may even find them to be useful.

Auto Insurance Facts:

• Standard policies do not include coverage for theft of personal items from a vehicle.

• Good credit often means an auto insurance discount.

• Car insurance paid on vehicles used for business purposes can be claimed as a tax credit.

• Certain career fields have often offered discounted packages.

Life Insurance Facts:

• Term life insurance is the cheapest type of life insurance policy a person can buy.

• Only insure to the amount needed to cover expenses because the higher payout amount, the higher the premiums will be.

• As of June, 2013, life insurance policy rates in America are at an all-time low.

• Beneficiaries do not have to pay taxes on the life insurance payout.

To get more information about life insurance and auto insurance or to obtain a quote, contact Steve Wilk Insurance Agency, currently servicing the Lombard, Illinois area.