Many individuals consider life insurance to be the cornerstone of a sound financial plan. And while no one likes to think about passing on, Life Insurance can relieve you of the financial worry your loved ones may face in the event of your passing.
Your beneficiaries will be able to use your Life Insurance policy to help pay for anything from expensive funeral costs and estate taxes to making up for lost income or funding your child’s education. It can even be used to continue payments on your mortgage to help ensure that the family home stays in the family.
We know that choosing a Life Insurance plan is a big decision with many important factors to consider. Our knowledgeable team of insurance professionals is committed to walking you through the process and providing you with the best insurance solution to give you and your family the reassurance they deserve.
Protect your loved ones from income loss and financial catastrophe: Whether you have young children, a spouse or even elderly parents that depend on your income, in the event of death your Life Insurance policy can serve as a partial replacement for that lost income so that your loved ones do not suffer a financial crisis.
- Life Insurance can pay for your final expenses: To help with final costs such as burial costs, estate planning and executor costs, debts and medical expenses, so that your loved ones will not be unexpectedly burdened by these costs.
- Life Insurance can be an inheritance to your heirs: Life insurance can provide for your family once you are gone, even if you currently have no assets.
- Life Insurance can be used to pay estate taxes: A life insurance policy can help, so that your heirs will not be forced to sell assets to cover tax payments. Life Insurance can also be a form of savings account since some policies allow you to build cash value, which can be withdrawn or borrowed at your request. Life Insurance can also be used to make planned charitable contribution at the time of your death.