Chances are we can all think of a family we know who has experienced the tragedy of losing someone too soon. Beyond the incredible emotional toll, loss of a loved one can also result in extreme financial hardship for a family.
Suddenly, an income that was once there is now gone. Not to mention, the cost of laying your loved one to rest is significant in and of itself.
As much as we all hope we would never find ourselves in this situation, the truth is that no one can predict the future.
Take a moment to think about how your family would be impacted if something happened to you and you could no longer be there to provide for them.
At East & Greenwell, there are three main reasons we believe life insurance is essential:
- Life insurance could allow your family to pay off the mortgage on your home.
For most families in America, mortgage payments are the largest monthly bill. One of the biggest benefits of life insurance is that it would allow your spouse or children to pay off the mortgage and no longer have a monthly payment in order to stay in your home. As you can imagine, the ability to stay in their own home would provide your family with protection and security.
- Life insurance could allow your family to maintain their standard of living.
The reality is, without life insurance, losing your income could drastically affect your family’s standard of living. Life insurance provides the peace of mind that your spouse and kids would be able to continue to live comfortably and all of their needs would be met.
- Life insurance is more affordable than you think.
At the end of the day, you can’t afford not to have life insurance. Costs vary based on your age and health, but overall life insurance is very affordable considering the invaluable security and peace of mind it provides to you and your family. It’s very difficult to put a value on that.
If you would like a quote for life insurance for you, your spouse, or your children, or you would like a complimentary review of your current life insurance, please call East & Greenwell today at 239-206-2404.