People purchase life insurance for many reasons, but most importantly it's not for you. Life insurance is designed to help your loved ones financially after you die.
You wouldn’t drive your car without insurance. So, why would you risk not having life insurance? Which would matter more to your family — the loss of the family car or your death? Everyone needs life insurance.
Whole Life Insurance
- Provides coverage for your entire life
- Builds cash and loan value with premium payments
- Premiums never increase while you own your whole life policy
From retirement to the end of your life, a whole life policy is there to help pay for your final expenses.
Why Do I Need This Protection?
Did you know that the average cost of a funeral is $8,343*? Also, cremations run from $700-$15,000 depending on the services**. These costs are in addition to your other final expenses, such as unpaid debts, remaining mortgage, and medical bills. Can your family afford these expenses after you’re gone? Would they be able to continue their current standard of living without you? Life insurance not only provides money for the funeral, but also for these other expenses.
Contact a local Agent to learn more details about our plans today!
* National Funeral Directors Association, Aug. 1, 2013
** What It Costs, http://people.whatitcosts.com/cremation.htm, Dec. 6, 2012