career fest/fair free venue: Financial Success Center
QR Code Link to This Post
Top Ten Reasons You Need Life Insurance
Talking about life insurance is never "fun", but when you sit down with someone that has your best interests in mind, you may find that life insurance is something you not only need, but truly want. Why? To protect your family, dependents, business and more. Nothing can replace you in their hearts, but planning ahead with life insurance can make things easier for those you leave behind.
Why do I need it?
1. You never know.
Dying suddenly -- in an accident, due to a sudden illness or even of natural causes. Life insurance helps your loved ones pay debt after you're gone and it also provides tax-free cash to pay estate and death duties.
2. Funerals are expensive.
In some cases, upwards of $7,000 to $20,000 -- and we're not talking about extravagant funeral services.
3. Protect those you love.
In your life, you work hard to make sure those you love -- spouse, partner, children, family members -- are taken care of.
4. Death shouldn't mean debt.
Life Insurance can help your dependents cover any financial responsibilities that are left after your death; debt can be a tremendous burden.
5. Anything can happen.
If you develop a serious illness, you may not be able to get life insurance to the extent you need it -- or at all. If you have a terminal illness, life insurance can provide you with financial support and can be used in case of emergencies.
6. Take care of business.
Life Insurance isn't just for individuals. It can protect a business from financial loss in the case of the death of a business owner / partner. Whether providing necessary short-term cash or keeping operations going until things settle.
7. Supplement your retirement.
You can use life insurance to make sure your retirement savings lasts as long as you do. An annuity is like a do-it-yourself pension plan.
8. It makes financial sense.
Life insurance is considered a financial asset and many policies have cash value, which even in case of bankruptcy cannot be touched by creditors.
9. Give to charity.
Life Insurance can enable you to leaving a lasting gift to a favorite cause or charity.
10. Peace of mind, plain and simple.
No amount of money can ever replace a person. But more than anything, life insurance can help provide protection for the uncertainties in life.
You will be surprised to see how affordable it can be!