To make sure Americans are reminded of the need to include life insurance in their financial plans, the nonprofit organization Life Happens coordinates Life Insurance Awareness Month. Each September, Life Happens is joined in this educational initiative by more than 100 of the nation’s leading insurance companies and industry groups.
The main reason to buy life insurance is because you love people and want to protect them financially. This is the message behind the Insure Your Love campaign. There are many reasons to have life insurance as an important part of your financial plan and estate planning. Did you know that life insurance is really the only way to boost your family up the ladder in wealth? With good life insurance planning you can move your family toward financial independence. There are many reasons to have good life insurance plans in place. Income replacement to support your family in the event of your untimely death is the most common reason. We can help you determine exactly how much life insurance you need to protect your family. Paying off debt, including a mortgage can set your family up to move forward successfully when you are gone. Many people also use life insurance to give to charities and causes that are important to them.
There are many reasons to have life insurance and of course, some situations where you really do not need it. If you would like to get an evaluation of your current life insurance and your needs moving forward, give us a call.
Happy Fall! Enjoy the cooler weather.