You work hard to take care of your family – to provide them with a home, a comfortable lifestyle, and the means to achieve their hopes and dreams. Meeting this responsibility means careful planning. It’s very likely that you’re already doing many of the right things – contributing to 401Ks, putting aside extra savings for your children’s education, or building a nest-egg to live out your retirement dreams.
But, if something should happen to you, how would your family manage without your financial contribution?
Could they maintain their lifestyle – and their home?
Will your children’s education needs be taken care of?
How will your final expenses be covered?
Withdrawing from your savings or your investment portfolio to finance these costs could seriously jeopardize your family’s long-term financial wellbeing.
An insurance portfolio can help protect your family from financial hardship.
Since many of these expenses, like a mortgage, are only temporary, term life insurance can offer an ideal solution. This type of coverage gives you the flexibility to choose a term length that best suits your current needs. And because coverage is for a shorter period of time, premiums are highly affordable – and can be less than your home or auto insurance. Even though you may already have existing life insurance in place, it may not be enough to cover unexpected, shorter-term increases in your financial obligations.
You may also have mortgage protection insurance through your bank or mortgage lender. But, with most of these mortgage insurance plans, the financial institution is the beneficiary and the money is automatically used to pay the remaining balance on the mortgage. There may be nothing left for you to cover any other obligations you may have.
We can help you with the right protection to help secure your family’s financial future. We would like to meet with you to review your financial position and talk about how we can provide you with flexible choices to give you greater control over how you protect your family. Contact us Now at 877-477-4877 and we be in touch with you shortly to arrange an appointment.