10 Reasons Why you Need Life insurance NOW
1. You never know.
Dying suddenly — in an accident, by unexpected illness or even of natural causes — can happen at any time. Life insurance helps your loved ones pay the mortgage, bills, even college costs, after you’re gone.
2. Funerals are expensive.
In some cases, upwards of $7,000 to $10,000 — and we’re not talking about extravagant funeral services. This is the average cost of a burial ceremony that will be faced by your loved ones.
3. Protect those you love.
In your life, you work hard to make sure those you love — spouse, children, family members — are taken care of... After all, they will have to go on without you. Make sure they’re protected!
4. Death shouldn’t mean debt.
Life Insurance can help your dependents cover any financial responsibilities that are left after your death.
5. Anything can happen.
If you develop a serious illness, you may not be able to get life insurance to the extent you need it — or at all. If you have a terminal illness, life insurance can provide you with financial support. Life insurance can also be used in case of emergencies by requesting a withdrawal or loan.
6. Take care of business.
Life Insurance isn’t just for individuals. It can protect a business from financial loss, liabilities or instability in the case of the death of a business owner/partner.
7. Supplement your retirement.
You can use life insurance to make sure your retirement savings lasts as long as you do. An annuity is like a do-it-yourself pension plan — you put an amount of money into a life insurance product and in return you get a guaranteed stream of income month after month, for as long as you live.
8. It provides Generational Wealth for your Kids
Life insurance is money left for your family to create an abundant life for your children and your children’s children. It can help create wealth in your family once you’re gone.
9. Give to church or Give to charity.
Life Insurance can enable you to leave a lasting gift to your church or your favorite charity that is much larger than you would otherwise set aside for monthly donation.
10. Peace of mind, plain and simple.
No amount of money can ever replace a person. But more than anything, life insurance can help provide protection for the uncertainties in life. IT can provide a PEACE OF MIND FOR THE FAMILY YOU LEAVE BEHIND!
It’s better to be 5 Years TOO Early – then 5 minutes TOO Late