Why You Need Life Insurance and Why It’s So Important
No one wants to discuss the topic of death, but unfortunately, it’s inevitable. Regardless of your age, if you have a family, the chances are high that they could benefit from the right insurance policy. With the wide variety of life insurance products, it can be difficult to understand what options may suit you and your beneficiaries. Thankfully the team at Premier Insurance Consultants can help you choose an insurance policy that makes sense for you now and into the future based on any new life changes, such as marriage or children.
What If I Have Insurance Available Through Work?
You may have insurance available through your employer, but the likelihood that it is enough is slim. These policies will often cover a small number of costs, such as funeral expenses. Still, a work-based life insurance policy will likely not cover other more considerable expenses. Also, it’s essential to realize that most work-based life insurance policies do not continue if you decide to leave your company. This is primarily why relying on work-based insurance entirely is not a good idea. You can think of these policies as “icing on the cake,” but you shouldn’t rely on them solely for your estate planning needs.
Why Is Life Insurance So Hard to Talk About?
Death is never a comfortable topic to discuss. But it is something we all must prepare for, especially if we have others who rely on us. It’s essential to put your mind at ease as well as the minds of your loved ones. Purchasing an insurance policy doesn’t have to be awkward or difficult. Working with a reputable insurance agent like the team at Premier Insurance Consultants will ensure that you choose an approach that works for you at this stage in your life.
Importance of Life Insurance
There are several reasons why insurance is essential when it comes to financial protection for your loved ones. A few of these reasons include:
- Help Loved Ones Pay off Debt – This type of insurance policy can help take care of debt that you may leave behind. When your loved ones are dealing with a loss, life insurance can help to ease some of the financial burdens.
- Help Pay for Future Educational Expenses – If you have children, you understand how expensive education can be. Would you want your loved ones to have to pay for future education without your assistance? A life insurance policy can help to cover future educational expenses.
- Replace Lost Income – When a spouse passes away, their income is lost. This can make it difficult for the surviving spouse to cover expenses such as housing, food, healthcare, utilities, etc. An insurance policy can help to offset this loss of income.
Interested in a Free Quote?
If you’re interested in learning more about how inexpensive life insurance can be, feel free to reach out to the team at Premier Insurance Consultants today. Please call us at 864-213-9100 or email us through our online contact form for a free insurance quote.
Disclaimer: This article is not expert advice. Limitations and conditions may apply. Premiums will be based on benefits chosen. Please check with your local Independent Insurance Agent for details.
