September is Life Insurance Awareness Month; a campaign sponsored by industry leaders used to educate and inform consumers about life insurance and the value it holds for you and your loved ones. We look forward to being a part of that campaign as we champion the importance of being protected with life insurance.
When our clients agree to pay for certain services, they deserve to know what and how it will best benefit them. So what is life insurance?
Life insurance is a contract between you and an insurance agency that allows you to pay a set amount of money each year; and that in the case of your death, the money will go to your beneficiaries.
Your beneficiaries can use this money for whatever they need; putting a child through college, paying off debt, or making payments on a house. This money will help you to know that the ones that matter most will always be looked after by what you left behind for them.
Life insurance can be utilized in two ways.
- You can choose to have a term life insurance plan, which allows you to choose coverage for a set duration of time, often either 10, 15, or 20 years.
- You can also choose a permanent life insurance plan, this option is more expensive but will last the duration of your life and will grow in cash value.
To find out more about Life Insurance Awareness Month, how to choose a policy type and coverage amount, call us today to speak with an agent… 1-800-627-2768. We look forward to hearing from you!