September is always a busy month with kids starting school and going away to college. It’s also Life Insurance Awareness Month (LIAM). In honor of the month, here are six things to consider when you’re thinking about getting life insurance. It is a great time to review your current life situation and make sure that your coverage’s and beneficiaries are up to date. There are many myths that young families have about life insurance.
This national education campaign, which is coordinated by Life Happens, is designed to help you take stock of your life insurance needs and protect your loved ones with proper insurance planning. With more than 100 million adult Americans who have no life insurance, the need has never been greater. Many Americans recognize the importance of life insurance as it provides both peace of mind and security to families of a loved one.
Many Americans recognize the importance of life insurance. It provides both peace of mind and security to families that are confronted with the death of a loved one. The life insurance industry provides protection to 75 million American families, and in 2009 $59 billion were paid to life insurance beneficiaries. Even so, 95 million adults have no life insurance, while insured Americans have, on average, far less than most experts recommend.
Life insurance will pay the beneficiaries named by a policyholder in the event of that policyholder’s untimely death. It’s a way for a family to replace lost wages when an income earner dies.
Insurers have paid out $865 billion in claims since 2000, according to a press release from the American Council of Life Insurers. Some 75 million American families have a life insurance policy.
When purchasing the right life insurance policy, get help from your insurance professional and discuss your life insurance needs. Life Insurance is very affordable right now, so it could be the best time for you to buy. Your policy can be customized to meet your specific requirements and lifestyle choices.
Go to our website to get information you need and call us to set up an appointment to meet with any of our team; we’d love to hear from you!