Contact UsContact Us 888.337.9322
Navigation

 

HOMEOWNERS   AUTOMOBILE   COMMERCIAL   LIFE   HEALTH  


Photo Credit

When is comes to your finances you begin to realize the fundamental importance that life insurance has and can have on the ones around you. It may seem like a daunting commitment but it will bring comfort to you in the long run. Here are a few of reasons why purchasing a life insurance policy is important:

It helps protect your family. Anything can happen at any moment in time, and as unsettling as that can be to consider, it is important to think about the people you could be leaving behind if the worst were to suddenly happen. Will your loved ones be taken care of? By taking out a life insurance policy, you leave behind money to help your family pay bills, send the kids or grandkids to college and provide them with overall financial support. Emotional stress is enough to take on without also being left in debt.

It helps pay for your funeral. Funerals costs can be overwhelming for many. According to the National Funeral Directors Association, the average funeral costs between $7,000 and $10,000, which does not even cover the cost of buying flowers or arranging an obituary. Life insurance policies can cover these expenses and leave your family in a better position.

It pays for estate taxes. If you planned on giving property to a family member, there are still certain taxes that must be paid on the property. Life insurance policies help cover estate costs and miscellaneous fees that may occur in these situations.

It can supplement your retirement. A life insurance policy can serve as a safety net to make sure that your retirement fund will last for as long as is needed. Life insurance will help you maintain a comfortable lifestyle throughout retirement. It can even help you build cash value that can accessed through withdrawals to supplement the income that comes from Social Security. Life insurance can also help your spouse maintain a comfortable lifestyle after you pass.


Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version

Site Footer

 
Some of Our Carriers Our Company Services Contact Us More Help
AAA
Nationwide
ASI
Auto Owners
Safeco
Towerhill
Progressive
Home
Our History
Careers
Customer Service
Get A Quote
Insurance Types
Send A Message
Locations
Glossary
Frequently Asked Questions
GET SOCIAL WITH US Facebook Twitter LinkedIn Google+    YouTube Blog
Main Office: 5200-B W Newberry Rd, Gainesville, FL 32607  |  888.337.9322 Powered by Insurance Website Builder

Carriers Get A Certificate of Insurance Education Center Mortgage and Real Estate
Get Started