Archives for November 2014

Blog Posts For November/2014

Protect Your Financial Security With Life and Health Insurance

Life insurance and health insurance are two of the most basic ways for individuals and families to protect their long-term financial security. Without these two very powerful tools, unexpected events can literally destroy your financial future.

Why Life Insurance?

Unfortunately, your financial obligations will likely be placed upon your surviving family members after you die. Debts and burial expenses as well as the basic costs of daily living will become the responsibility of your spouse and other dependents. Life insurance is essential to protect your family should the worst happen.

Life insurance is one of the most basic parts of a comprehensive financial plan for any person. In general, life insurance pays a lump sum death benefit to your beneficiaries after you die. This money can be used to pay your debts, final expenses and estate taxes, and it can also be a source of income for them.

You can choose from term life insurance or permanent life insurance depending on your needs and your goals for the policy. Term life insurance provides coverage for a specified period of time, such as 20 years, and it allows you to provide for some final expenses and some income replacement for your family. Permanent life insurance offers a savings or investment account in addition to the death benefit.

If you do not have life insurance, you should seriously consider it. If you die unexpectedly and you don’t have life insurance, your family could be left paying your debts and struggling just to get by.

Why Health Insurance?

Without health insurance, you can run up huge medical bills. Or, you might fail to receive the care you need and be faced with a worsening condition. Because everyone will get sick or will be injured at some point in their lifetime, health insurance is essential to protecting you and your family from the many costs related to routine and acute health care. It allows you to seek care when you need it and pay for preventive care that may keep you from getting even sicker down the road.

With so many options for health and life insurance, making the right choice can be confusing. You need to work with a knowledgeable agent who can help guide you toward the coverage that best suits your needs and the needs of your family.

Our expert agents can help you find health and life insurance policies that fit your needs and budget. Even if you get this type of coverage from you employer, we can counsel you on choosing the right plans for your family, and can help you find any supplemental coverage if necessary. Do you have questions about health insurance, life insurance or any other type of insurance? We can help.