Wow, exciting to know you say.
Well, here are 3 reasons why you should own life insurance
1. It covers final expenses.
alone can range from $15,000 to $30,000, so covering these costs will reduce financial stress on you and your loved ones. Final Expense can help even further because it’s not limited to covering funeral costs. Depending on the policy, it can pay medical bills, mortgage payments, and more. Your family also can dispense the money toward expenses as they see fit.
2. It’s a tax-free way to leave something behind.
Do they want to give money to their kids or grandkids after they pass? A Final Expense Whole Life insurance policy allows you to leave behind money for whomever you choose. You can designate policy beneficiaries to receive the tax-free death benefit after your passing.
3. It can replace lost income.
If you have dependents who rely on your income, you can take care of your loved ones when you are gone. Depending on the amount of the policy, the death benefit can act as a replacement for the lost income for dependents or even help a surviving spouse supplement Social Security.
There are final expense policies that are guaranteed issue, up to age 85! And the cost is not as expensive as you might think.
I provide free unbiased assessments of your situation and present education and options for you and your family, call, text or email me for information.
