September is Life Insurance Awareness Month
Why Plan for Life Insurance?
5 Vital Ways Your Life Insurance Policy Protects Your Loved Ones
Your family means everything to you. From big moments like graduations and weddings to everyday memories like BBQs and bike rides, your family has been by your side through it all. But life can change in an instant. Continue to read the following for a few reasons to have Life Insurance and preserve your family’s lifestyle.
Why consider life insurance?
Does someone depend on your income and financial support? That’s why!
1. Income Replacement
Think about it – can your family support themselves from the loss of you and your income? The loss of a family member is an emotional and traumatic adjustment, let alone having to support a family with 10% to 50% less income.
2. Lifestyle and Monthly Expenses
Various life insurance policies can accomplish multiple goals, primarily covering the bare minimum of family expenses due to losing a loved one. In most cases, the life insurance policy can offset fixed household expenses such as monthly rent or mortgage with the right plan. Hence, preserving the family’s lifestyle.
3. Final Burial Expenses
Who wants to think about dealing with a loved one’s final farewell? It’s challenging to grieve a terrible loss, but it has a financial impact on the family from the related burial expenses.
4. Child Care and Education Expense
Life insurance can help your loved ones with financial obligations like education and child care expenses.
5. Peace of Mind and Family Legacy
A solid “What ifs” plan for your loved ones can ease the stress of wandering for your future family’s welfare. Create Peace of Mind while you are healthy.
Life insurance is a positive way to ensure that your loved ones can have the confidence you provided for their financial security in premature death with advanced planning. Remember that the health and well-being of your family are vital for their long-term emotional and financial security.
Discover plans and helpful information on how you can safeguard your legacy. Contact us today for a complimentary quote. FREE QUOTE!
Eleonore Weber, CLTC
Founder, Author, Broker & Certified Long-Term Care Specialist:
Life Planning Solutions:
Health, Disability, Life, Long-Term Care & Medicare Insurance
Coming soon! —–> Your Family’s Essential Resource Workbook: How to Gather and Organize Valuable Documents
The workbook design has three essential sections to keep your loved ones informed when necessary- “Yourself,” Your Loved Ones,” and “Your Legacy.”
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