Life Insurance Flagstaff

Why do I need life insurance?

Do you need life insurance?  If so, how much is enough?  Do I need life insurance on my children?  These questions are common and this guide will provide insight into the proper amount of life insurance you need.  Please review below 4 reasons why you should have life insurance. 

1. Mortgage protection

Whether you live by yourself, with a spouse or significant other, you may want to buy life insurance as mortgage protection. Mortgage protection life insurance is a specific amount used to pay off your outstanding mortgage balance.  For most people, executing this type of life insurance is simple and easy.  Please request more information by CLICKING HERE

2. Income replacement

You and your significant other may have planned for a future based on two incomes − but what if one of you passes away unexpectedly? Life insurance can be used to replace the lost income so the survivor can maintain the same standard of living.  Income Replacement Insurance will insure your income goals.  The amount of insurance for Income Replacement Insurance is determined by a needs analysis.  Request more information by CLICKING HERE.

3. Final expenses

You’ve seen the commercials − funeral expenses, burial costs and medical bills can add up to a hefty amount. The last thing you want is for your loved ones to shoulder this extra burden.

Life insurance can be used to plan for these final expenses. Permanent life insurance is available in various amounts, so you can pick a death benefit that meets your needs.  Policies for this type of insurance typically have death benefit amounts as low as $5,000.  Learn more by CLICKING HERE.

4. College funding

Tuition costs are rising rapidly.  Life Insurance used for this purpose can serve a dual purpose.  A lifetime benefit and a death benefit.  When funded properly the lifetime cash value can fund for college costs and the death benefit can insure that there is adequate funds available for loved ones. 

Determining the proper funding and death benefit amount is based on your goals which is achieved through a needs analysis.  CLICK HERE to request a needs analysis.

The earlier the better

So maybe you’re starting to see the need for life insurance … and you’ll call your agent next week, right? Don’t put it off! Typically, the younger you are when you get insurance, the lower the cost and the easier to get approved.  CONTACT US for a complimentary review.