Why do I need Life Insurance?
We get it. Life insurance isn’t an easy topic to sit down and plan for, but neglecting it can be a heavy weight to place on your loved ones after your passing. It can also cause unnecessary stress to you during a time when you should be focusing on living life and enjoying the moment…
Let SBS help you get it checked off the list!
| BENEFITS OF LIFE INSURANCE: |
| Funeral / Burial Expenses |
| These expenses are what most people commonly associate needing life insurance for and it comes with good reason. Out-of-pocket costs for final expenses can range from $6,000 – $15,000. |
| Legacy Planning |
| Planning now can give you peace of mind in knowing that your legacy is being used as intended.These benefits are generally paid out income-tax-free to your beneficiaries and funds typically grow over time. |
| Debt Protection / Retirement Income |
| You can’t take your bills with you and unfortunately your debts don’t disappear. Life Insurance can help with funding for mortgages, loans, credit cards, etc. so that your family isn’t left with those burdens. There are also some policies that offer cash value, which can be accessed during your lifetime for these same things. |
Is your Life Insurance still meeting your needs?
Throughout different stages of life, our priorities, goals, and financial needs often change. If you can’t remember the last time you reviewed your Life Insurance policy, it might be a good time to dust it off and take a look!
| WHY YOU SHOULD REVIEW YOUR COVERAGE: |
| Life Changes |
| Different events in life such as marriage, divorce, purchasing a home, or having kids/grandkids can affect how much coverage you need and who your designated beneficiaries are. |
| Coverage Improvements |
| Maybe your health has improved since you initially applied, or there is a new policy available with increased coverage at a lower cost. It never hurts to look through what your options are. |
| Policy Performance |
| Is your policy performing as you had initially hoped it would? For example: Is your cash value growing, are your premiums sustainable long-term, and are your riders still relevant? |
At SBS, we specialize in helping our clients understand what their options are and to feel confident in their choices. Contact your personal SBS agent to schedule an appointment or contact our office at:
1-800-627-2768
Not affiliated with or endorsed by any government agency. This is a solicitation for insurance, by responding to this ad, you may be contacted by a licensed agent to discuss Medicare Supplement Plans, Medicare Advantage Plans, and Prescription Drug Plans.