As we start out in 2015, our agency strives to be extra diligent in our effort to make sure that you are adequately protected when it comes to your life insurance needs.
If you are like most people, there is a good chance you may not realize some of the less-obvious, yet critical reasons to own sufficient coverage AND why it is important to take the time to review your existing life policies.
Because we generally now live longer, the cost of life insurance has actually decreased and a review may result in substantial savings.
If structured properly, life insurance can accumulate money on a tax-favored basis. It can also create an estate for your children and grandchildren that avoids probate.
P.S.Do you already have life insurance at work? Most work life insurance ends when you leave the company. This can be an issue if you need to purchase coverage later but are unable to qualify because your health has changed. An individual policy cannot be taken away from you no matter what happens to your health.