Life: it’s unpredictable and ever changing. And when things get tough in life and we find ourselves faced with difficult circumstances, the love of family and friends; the healing balm of time and the right life insurance plan can help us carry on.
Planning & Preparing Now
Facing a loved one’s death is never easy. But when dealing with the emotional turmoil that follows, families are often left with unanswered financial questions—magnifying their loss to an even greater extent.
So “what if” a parent or spouse passes away suddenly? Would family members have the insurance they need to pay off the mortgage, relocate to a new job, pay private schooling expenses or simply go on with life?
Answers to questions like these don’t come easily. But planning and preparing for the inevitable with life insurance is the best way to make sure family members can survive alone during a time of life transition. Besides, it’s the right thing to do.
Choosing the Right Life Insurance Policy
When it comes to choosing the right life insurance plan, some want just the basics: a way loved ones can pay final expenses, cover monthly bills and start life fresh. Others need policies that build cash reserves to help carry families forward during a difficult time—and the lifelong period that follows.
Regardless of financial goals, there are several plan types of insurance available that can help prepare loved ones to lead productive lives alone. For example, the simplest and cheapest form of life insurance, a term life policy provides coverage during a specified length of time—and pays the family the policy’s value if he or she dies during that term.
For lifetime insurance coverage that’s a bit more expensive but doesn’t risk rising premiums, whole life coverage may be the right thing. This type of plan builds cash value over time, providing financial security long term and offering protection for life.
Leaving an Inheritance of Love
No one likes settling loved ones’ affairs. But it’s easy to aid those who will be left behind by buying insurance ahead of time.
With the help of a knowledgeable insurance agent, making final arrangements; recording dreams and wishes, and setting aside resources to help loved ones carry on is simple. All it takes is a little time, family budgeting and communication.
With small, monthly payments; some basic insurance information and the guidance of a licensed expert, family members can have peace and security when it’s needed most—and a lifelong inheritance of love unlike any other.