Life Insurance
Imagine the suffering your family would experience if you died unexpectedly. The sudden loss and sadness are too painful to bear.
Now, couple that with a total disappearance of your family's income. Who would give your family money to pay the mortgage or rent? How would your children pay for college? Who would give your family money to pay the car payments, insurance, groceries, utilities and all of the things you work so hard for to support your family?Which dreams would your family members have to give up if your income stopped in the event of your death?
Plan for this possibility and prevent your family from experiencing a financial nightmare by purchasing life insurance.
If you were to die, having already purchased a life insurance policy, your family (beneficiary) would receive a death benefit as outlined in your policy. Life insurance is not for the people who die. It's for the loved ones you leave behind. Parents of small children should ABSOLUTELY have a life insurance policy. It is so essential that you protect your family. And assuming you are fairly healthy, the policies are very affordable.
Determine an amount of your death benefit
Whether you decide on a large policy or a small one, it is important to remember that life insurance is only as good as your willingness to pay the premiums.
There is no one correct answer. It could be 10-20 times your annual income, or it could be the amount you owe on your house. It might be the estimated cost of your children's higher education.
Call us and we will help you determine the appropriate amount of coverage for your personal situation.