Wednesday, August 24, 2011
Life insurance - Now is the time to get it started
According to a recent study published by the Life Insurance and Market Research Association, in 2010, 30 percent of U.S. households had no life insurance coverage at all.1
Taking steps to help protect your family’s financial future — it’s never too late or too early to start. For many of us, life is hectic and fast-moving and life insurance may not seem like a priority. Consider, however: Your ability to earn income is a significant asset to your family, and life insurance could help replace lost income in the event of your death. And if you do own life insurance, it’s important to review it and re-evaluate your needs periodically. Why? Well, as changes in your life circumstances occur, changes in your life insurance needs may follow. That’s why it’s a good idea to review and evaluate your needs at least every few years and certainly when big changes or life events occur.
Life is full of the unexpected
We can’t prevent or predict the unexpected, but we can prepare for it. Life insurance gives you the opportunity to help protect your family’s lifestyle, dreams and finances should the unexpected occur.
Life insurance can help your family:
Continue to pay the home mortgage
Maintain their current standard of living
Pay off debts, estate taxes and final expenses
Create a fund for college education
Create a fund for a family member with special needs
Help protect their dreams for the future
Take some time to think about life insurance and talk about life insurance. And call me — we can work together to help you be sure you have the coverage you want and the protection your family deserves.