Life Insurance

If something happens to you, how will your family replace your earning power?

How much insurance do you need?

Do you own enough insurance to take care of your family when your gone?

These are very important questions! Only life insurance can guarantee to provide the funds required to replace your earning power exactly when needed at your death.

How Much Life Insurance Do I Need?

How much life insurance you need depends on your individual needs and your financial objectives for your family. This question is best answered through an analysis of your family and financial situation, as well as your financial goals and objectives.

While life insurance cannot replace you, it can provide the funds to:

  • pay final expenses including estate (death) taxes and any other debt reduction
  • replace all or a portion of your income
  • keep your family in their home
  • establish a college education fund
  • cover financial emergencies
  • provide a child and/or home care fund

What Type of Life Insurance Should I Buy?

All life insurance falls into one of two categories of coverage. Each category has certain characteristics that make it more suitable for certain needs:

Term Life Insurance

  • Provides temporary protection for the term of the policy.
  • If the insured dies within the term period, the insurance company pays the death benefit.
  • If the insured survives the term period, the coverage terminates.

Cash Value Life Insurance/Permanent

  • Provides for a lifetime protection, as long as the policy is kept in force.
  • The insurance company pays the death benefit regardless of when death occurs, so long as the policy is kept in force.
  • The policy accumulates cash values that can be used during the insured’s lifetime (withdrawals and loans will reduce the policy’s death benefit and cash value available for use). Cash values may be used to pay premiums, thus keeping the policy in force.

In my own life I know what repercussions come from failure to plan ahead and protect those we love. As a young boy my dad passed away unexpectedly leaving my mother and eight children without any financial protection. My dad didn’t believe in life insurance. It was, perhaps, what led me to the insurance industry. It strengthens my desire to ensure my friends and clients never face such hardship.

I would be very pleased to provide a life insurance quote for your review; and if you choose, to discuss with you the benefits of developing a personalized plan that will fit your future financial needs.