Why you can’t miss out on securing life insurance.
While you are young and healthy now, you never know what the future has in store for you. This is why it’s so important to secure life insurance to ensure your family’s financial security in the event of your unexpected death. Not convinced? Then consider these top reasons for securing life insurance today.
1) It Covers your Debts
Your life insurance benefit can be used to pay off the debts and financial obligations that you leave behind. For instance, your insurance will pay for things like student loans, credit cards debts, and home mortgages. Without life insurance protection, your loved ones would be left to shoulder this financial burden on their own.
2) It Covers Your Lost Income
When you select your life insurance benefit amount, you can secure enough coverage to make up for years of your lost income. This will ensure that your family can still pay for everyday expenses like groceries, utility bills, and child-rearing supplies even without your financial contribution to the household.
3) It Covers Your Final Expenses
With the average cost of a funeral and burial hovering around $7,000 to $10,000, your final expenses are nothing to scoff at. Fortunately, your family can use a portion of your life insurance payout to cover the cost of your funeral and burial.
These are a few of the primary reasons to secure life insurance sooner rather than later. Are you looking for help with your life insurance coverage? If so, then contact the experts at Randy Jones Insurance Services in Pleasanton, California. We are ready to get you the coverage that you need today.