Do You Need Life Insurance?

Services for Real Estate Pros with Independent Insurance Group

Life insurance can be a huge benefit to you and your loved ones. If you’ve been considering it lately for you and your family, check out these guidelines to see if it’s right for you:

Are you a “beginning” family? If so, it’s the perfect time to buy life insurance. If you and your spouse just had a baby or have small children, you have a good amount of dependents, and chances are if you’re young, you’re healthy. Life insurance policies are much cheaper when you’re young and in good health.

Are you a young, single adult? If so, the main reason you would need life insurance would be to pay for your own funeral. This is a good idea if no one in your family would be financially able to pay for the funeral for you.

Do you have an established family? If your kids are getting older but still depend on you, it’s now or never! Your life insurance policies will only increase the longer you wait. Remember, it’s important that your spouse and children would be provided for in the event of your death.

Are you married, but have no kids? If so, it comes down to you and your spouse deciding together if life insurance is right for you. If you’re both earning a good amount of income – enough so that if one of you passed away, the other would be able to manage – then life insurance would only be useful to pay for the funeral. However, if one of you makes a good deal more than the other, then purchasing life insurance may be a good idea.

Are you elderly? If so, life insurance at this stage in your life would be useful only to pay for your funeral, unless you still have dependents. If you believe that life insurance is right for you at your age, speak with us today about your options.

To find out more about life insurance, contact us today! We’re the Independent Insurance Group, located in Lauderhill, Florida.

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