Top Five Reasons to Have Life Insurance

Finding quality life insurance can seem like such a hassle when weighing all your options. What policy is best? What amount should I be looking for? How much will my family need if something happens to me? It’s a stressful topic to consider, but the simple truth is that it is so important to face these hard questions. Having life insurance is so vital and here’s the top five reasons why.

1. Funeral Expenses aren’t cheap…

When the time comes to say goodbye to a loved one the emotional toll is already staggering. When that loved one has no life insurance it can put a substantial financial burden on families as well. Funeral cost can easily reach ten thousand dollars or much more. No family needs to struggle with costs like this when they are already grieving.

2. Do you have children?

If the answer to this question is yes then you need to consider their expenses. If something were to happen to you, would your kids be taken care of? What about college? Having good life insurance coverage allows you to make sure your kids will always have the life you want for them even if you aren’t here to personally provide it to them.

3. Could you make it on one income?

For anyone who is married and both of you work, this is a major concern. If something were to happen to one of you, could the other survive on their income alone or have you built a life around your combined efforts? Life insurance can help alleviate this stress. It can provide supplemental income while the bereaved spouse adjusts to their new life.

4. What about debt?

Life insurance can help to pay off debts like your mortgage, car loans, or other loans. This may save loved ones from going into foreclosure or defaulting on loans due to loss of income.

5. Peace of mind is everything.

Knowing that you have set everything in place to care for your loved ones in the event of your death can take substantial stress off of your day to day life. It allows you to just live without worry that you will ever leave them in a situation that financially ruins them. You can care for them even when you are gone.

Proudly serving Walden, NY, all of us here at Hudson Valley Agents want to help you make the best choices in your life insurance journey. We are here to make the process as easy and beneficial as possible for your family.