With times being what they are and everybody trying to keep their heads above water, insurance may seem like just another bill to pay.
But what if the primary breadwinner suddenly dies or becomes ill? What if there’s an accident? No one cares to think about such tragedies, but they happen every day.
What’s important sometimes takes a back seat to immediate need. But at a certain point in our lives, we need to slow down and consider what really matters. For most people, the welfare of their families and their prospects for retirement are important.
There is great risk attached to “going naked”. The risk of being uninsured (and the reason for addressing it now) holds no little urgency for those who are winging it. There’s a good reason to get insured which may convince you it’s time to act which we’ll talk about here.
Life insurance – a bigger bargain than many believe.
A lot of people labor under the misapprehension that they can’t afford life insurance. Like we said earlier, it seems like just another bill.
A life insurance policy can protect loved ones surviving the sudden death of the primary breadwinner.
A recent study demonstrates that life insurance can be one of the best investments you ever make. A 30-year-old can obtain a $250K policy for about $12 per month. If that sounds like a good investment in your family’s wellbeing, it’s because it is.
Living while you’re alive.
A permanent life insurance policy will cost you a little more than a term policy, but its benefits are astonishing.
At the beginning of a policy, premiums will be higher, but you’re getting the ability to accumulate tax-deferred value and obtain lifelong protection.
The value of your policy can be used against any expense you prefer, from a down payment on a house to your children’s higher education, or even your future as a retiree. The best thing about this strategy is that interest rates are dramatically lower, making it a great way to borrow.
No credit check, either. A permanent life insurance policy lets you live while you’re alive, borrowing from the value you’ve accumulated over time and not from a bank.
Considering disability insurance.
Almost 1/3rd of Americans will become disabled for an average of 90 days at some time during their working lives. The odds are high that you may be one of them. Disability insurance lets you face the eventuality head on and prepared.
With disability insurance in place, you don’t have to fear the loss of income resulting from illness or injury, because it has you covered. That’s responsible fiscal planning that protects you and yours.
Combining a life insurance policy (preferably a permanent one), with disability insurance protects you and your family from life’s bumps and bruises, making them less painful and difficult.
Sure, it’s another bill to pay, but can you afford not to pay it?
Abco Insurance can help get you covered. Life happens, but it doesn’t have to sink the ship.