Protect What’s Important
No one wants to think about life insurance. It’s only natural, there’s enough on your plate without having to consider the absolute worst, but if you have someone who depends on you financially, putting the conversation off isn’t an option. Life insurance could be their lifeline in the event of a tragedy.
Often, when people think about life insurance, they assume that the only reason to get coverage is being protected from the unexpected, but life insurance can also help plan for other issues.
Extended Care Needs
Living, but needing help, can become very exhausting and expensive for the family. There are life insurance policies that can accelerate benefits and help pay for long term care services.
Pay Funeral Expenses
Since the 80’s, funeral expenses have been on the rise. Today they can easily cost upwards of $9000. Even a small life insurance policy can pay for your funeral costs so that they aren’t a burden on your loved ones.
Resolve Outstanding Debts
The passing of a loved one is one of the most trying times a person can experience, and if there are major debts to pay off, this time could also be catastrophic. Help your loved ones pay the mortgage, car loans, credit card balances, and other debts by purchasing life insurance to cover outstanding expenses.
If you have a spouse or dependent who would struggle financially without your income, then you should have a life insurance policy. Supplement your loved one’s income, so that they’re financially secure even if you’re no longer around.
Would you rather leave your money to the bank or government, or protect it for your children, grandchildren, or a charity? A life insurance policy can guarantee your legacy is exactly as you’d like it and your family and loved ones are financially secure without you.