Life Insurance

The goal of life insurance has not changed much through the history of financial services, as at the heart of the goal of acquiring it is the desire to protect someone’s loved ones from debts and to provide support from beyond the grave. The fact remains that when someone who supports a family financially or other ways passes away, they often leave a vacancy that is often larger than the obvious. We all want to protect the people we love, right? Of course, we do. So, those feelings obviously transfer to life insurance purchases when we look at the statistics, right? Unfortunately, that is not the case. A recent study shows that just 21% of all Americans said that covering their final expenses in the form of a life insurance policy were of concern to them. Now, that is not to say that they do not believe that they could not cover these expenses in other ways, but when a product has covered that concern as its sole function, that could also mean that people are being made aware of how cost-effective and useful of a tool that final expense (or even term or Universal Life insurance) can actually be.

There are many forms of life insurance and also various ways people who may even have difficult medical or health situations can get themselves coverage. The key to finding the right fit is to allow a professional to help you! Doing it this way you to leverage the years of experience your industry professional has in finding you the best option (provided that professional is an independent industry professional) for you and your loved ones. The scary thing about life insurance is that unfortunately, the event that triggers the benefit is something in which will happen to all of us.  With that being said, another recent statistic showed that 41% of Americans do NOT carry any life insurance at all (with one-third of that amount only carrying a basic group work plan).

Did you know that most industry professionals suggest that for the household “breadwinner”, they should possess a life insurance policy in which the death benefit should replace 5 years of income?

There are many reasons to think about life insurance…Let us know what your concerns are and we will work with you to provide an extra layer of security to help you sleep at night.