Do You Have Adequate Life Insurance?
While many families have the need for life insurance protection, research shows that a significant percentage of the population doesn’t have this important protection.
Whether this lack of securing life insurance protection is due to time constraints or financial affordability, it’s possible that many people simply don’t understand the wide variety of life insurance options available and the ease of which a knowledgeable company like, Bob Hopper Insurance Services can put together a strategy and policy for all budgets.
Life Insurance options include:
- Term Life Insurance policies, which are very affordable and ideal for families with children. With term life, you can determine the face value (i.e. death benefit) and the length of the policy.
- Permanent Life Insurance policies, for those looking for a lifetime of protection.
- NEW “Legacy Life” Insurance, which allows those who are financially secure to provide an, “additional legacy” beyond their children, to their grandchildren, nieces and nephews.
This policy is also ideal for people who might normally leave a small legacy to pass on greater amounts of money to loved ones.
One of the smartest decisions you can make is to meet with an experienced insurance agent to develop a life insurance plan to protect your future. This plan may entail starting with an affordable term policy to protect young children; converting part of that policy to provide permanent coverage for your spouse; and finally adding additional life insurance as a strategy for leaving a legacy to those who are important in your life.
If you’ve been thinking about life insurance, but just don’t know where to begin, contact us. We’ll be happy to sit with you, explain the options, answer any of your questions, and begin developing a plan that meets your needs.