Who Needs Life Insurance?

Do you need life insurance?

It depends. Do you have someone who relies on your for financial support of any kind?

If so, you may need life insurance to protect that person's future in case you die.

Whether you''re getting married, expecting a child, you just bought a home, got a promotion at work, or you provide financial support to your parents, siblings, children, or other family members or friends, you may have a need for life insurance.

Many times people choose to buy life insurance because they want to accomplish one or more of the following financial goals:

1. Pay off the mortgage for their family.

2. Provide funds for their child's college education.

3. Leave money to a charitable organization.

4. Pay off credit card debt or other short term loans.

5. Provide for spouse's retirement.

6. Help family continue their current lifestyle.

7. Replace their income for their family.

There are many more reasons someone may need life insurance, but the fact is, if you do have a need for life insurance, it's important to get insured now, while you are healthy, instead of waiting until you may or may not be able to qualify for affordable life insurance protection.

Term life insurance is the most affordable type of life insurance. It provides life insurance protection for a set period of time, usually for 10, 15, 20, 25 or 30 years.

If you die during the "term" of the life insurance policy, your family (beneficiary) will be paid the death benefit amount of your life insurance policy free from federal taxes. 

Learn more about term life insurance and request your free term life insurance quote comparisons today to start protecting your loved ones.