Life insurance. Does it benefit me or the loved ones I leave behind someday? Well the short answer is both but only with certain products. The most obvious and first benefit you may realize with life insurance is that it has a death benefit attached. The death benefit you choose should match the debt, future expenses and financial loss of your income. Many people don’t have enough insurance because they were never shown how to calculate their immediate and ongoing needs. Here’s an example of what we like to use to get the ball rolling.
Your Life Insurance Needs
You can easily determine what you have and have not asked yourself by simply looking at diagram. Make sure you ask for a policy review from your current insurance agent if this didn’t happen. If you’re new to this, well you’re in good hands because we’ll make sure everything is correct for you from the get go.
You can contact an agent listed on our website to quickly determine your specific needs. This is one of the most important parts you can’t afford to skip over or throw arbitrary numbers at. It is also the starting point for what’s to follow.
It’s important you discover for yourself what your goals are. Don’t let someone tell you or, “sell” you on something you didn’t already think was important to your situation. A lot of the time you will hear that life insurance is sold on the need. That’s true but only part of it. The benefits of life insurance will not be of value to you without you answering your need or your purpose for it in the first place. Once you have an answer for both, it’s up to you to ask a competent and proven insurance agent to select the best product for you and your family. Did you read that part? Competent. It’s really important you work with someone that knows what’s best for you.
Back to life insurance benefits.
Have you determined why life insurance would be beneficial to you? If so, read on. Perhaps there may be something from here that resonates with you and you can then discover why life insurance helps so many people today.
What life insurance provides:
- Peace of mind (can you sleep well at night knowing you have the correct amount of life insurance for your family?)
- Transfer of risk (it’s a small monthly premium to not have the pressure of figuring out how you would take care of your debts when you pass)
- Living benefits (some policies offer accelerated death benefits while you’re alive. Yep. That’s right)
- Tax strategies (a very big deal in keeping every cent you make and more)
- Supplemental retirement income (money you set aside years ago for the purpose of helping in your retirement)
You will only see the value in something that you care to know more about and take action in. That is true for anything in life.
Start today by asking yourself what value life insurance would play in your life and then take action by reaching out to Pacific Insurance Group.
We have the best trained agents in the Nation. Your future is our future and we strive daily to make sure we’re current on all your insurance related issues. Get a fast and easy quote with no personal information now.