Insuring the Times in Your Life

Anytime you’re reevaluating your financial plans you should include a review of your life insurance needs.  However, there are 5 key times in your life when that review is critical:

Marriage: Many families rely on two incomes.  Life insurance helps the surviving spouse with any outstanding debts and daily living expenses

Parenthood: In perhaps the greatest understatement of the year, children are EXPENSIVE! From diapers to diplomas, life insurance would help provide the financial support needed to raise a child.

Buying a home: Life insurance will make sure your loved ones aren’t burdened with a mortgage payment they may not be able to afford with out your income

Changing jobs: This is the perfect time to reevaluate your life insurance coverage.  As your income increases, so should your life insurance.

Retirement: You may be surprised to know that there are life insurance policies with living benefits that can be a sound addition to your retirement policy.

Single: Even if you are single, with out children, and do not own a home life insurance can still be the right fit for you.  It can pay for potential debt you may have, including student loan debt (federal loans are typically forgiven upon death, but certain private loans and loans with cosigners may not be). It can also provide support for aging parents or other family members you may be responsible for.

 

 

Contact Us!

 At Alpha/Omega Coverage, we can work with you to make sure you’ve got the coverage you need, while at the same time using all possible credits and discounts to make that coverage affordable. In addition, our financial division, Alpha/Omega Financial Services, offers a complimentary financial review to all new and existing clients. Just give us a call at 718-494-4440 or send us a note at Mike@insureSI.com.   We want to help you meet your goals, and make sure what’s important to you is protected!

 

Disclaimer

The author is providing the material and viewpoints on a generic informational basis. All references to various insurance policies, coverage terms, policy language, exclusions, definitions etc. are from a broad selection of general insurance information. It is not intended to be used for any specific policy or coverage situation. The views expressed by the author do not necessarily represent the views of the insurance companies it represents.  Content has been referenced from Life Happens.

Posted on: September 5th, 2017 at 7:47pm by mikeaquino. Filed under: Life Insurance
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