Your Funeral Expenses are Covered
Since the 80’s, funeral expenses have been on the rise. Today they can easily cost upwards of $9000. Even a small life insurance policy, however, can pay for your funeral costs so that they aren’t a burden on your loved ones.
Resolve Outstanding Debts
The passing of a loved one is one of the most trying times a person can experience. If the deceased had transferable debts, then this time could also be catastrophic for an individual. Make sure you aren’t passing on your mortgage, car loans, credit card balances, or other debts by purchasing life insurance that can be used to cover outstanding expenses so that your loved ones aren’t the ones left with the bill.
The right policy can be customized to fit any eventuality or need. From riders that allow you to access a portion of the death benefit in the event you are diagnosed with a terminal illness, to add-ons that allow you to increase your benefit regardless of health.
Help with Long-Term Care Expenses
The right policy will allow you to pull money out in the event you require expensive long-term care. Take advantage of this unique, guaranteed, method of protection.
If you have a spouse or dependent who would struggle financially without you, then a life insurance policy might be right for you. Supplement your loved one’s income, so that they’re financially secure even if you’re no longer around.
Would you rather leave your money to the bank or government than to your children, grandchildren, or a charity? A life insurance policy can guarantee your legacy is exactly as you’d like it.