Protecting Your Family.
It’s typically a fundamental truth that life insurance serves as a critical role in protecting a family from the possibility of financial hardship.
In its most basic sense, life insurance is designed to protect the economic value of a human life – most commonly the “breadwinner” or majority income earner of the family, but it is also associated with business uses in the form of:
- Buy-sell agreements,
- Key person indemnification,
- Credit enhancement,
- Business continuation and
- Employee benefits.
Regardless of its purpose and notwithstanding variations of term and whole life policies, time is of the essence.
Most income producing individuals have dependents that rely on that income for the amenities of everyday life; not to mention the continuation of lifestyle, residence, education and retirement.
It is a morbid reality, but one that is paramount to plan. And in many situations, it is prior to death but after diagnosis that the hourglass has run out on the option of providing protection for one’s family.
Learn about the different types of Life Insurance:
- Permanent (commonly referred to as Whole Life or Universal Life)
- Term
Contact us today to discuss your options and ensure your family and/or business are adequately taken care of with our complimentary Needs Analysis.