Tim and Julie Jones were in their late sixties when Tim passed away. The couple had just purchased a new home and was looking forward to spending their golden years together. Thankfully, Tim had taken Julie’s welfare into consideration and purchased a life insurance Camp Hill PA policy. An insurance agent had helped Tim select the plan that was right for him and his wife years earlier; he was well-prepared. Not only did the insurance ensure that Julie did not default on her mortgage and lose the house, but she was able to avoid having to return to the workforce full-time in order to cover her living expenses.
Millions of Americans, on the other hand, are not like Tim and Julie, and are not covered through a life insurance policy. Do not allow your loved ones to suffer financially should you pass away; provide for their future today through life insurance.
More Than Money
When purchasing life insurance, many things must be taken into consideration, such as loans and mortgages, the regular cost of living, and a child’s future education. Besides outstanding and future debt, many people overlook the loss of income brought about by an individual’s passing when planning for the future. Given all of this, life insurance is definitely about more than money and financial planning. Above all, it is about protecting your loved ones by making sure they are covered in the event that you are no longer there to provide for them. This valuable gift is something that will keep on giving long after you have passed.
Life insurance policies come in many shapes and sizes. By working with a life insurance Camp Hill PA agent, you can be sure to consider all options and products available to you and your family. Many firms offer term insurance policies with varying terms (one year, five year, ten year, thirty year, etc.). Cash value policies such as universal and whole life insurance are also worth considering, while IRA’s, annuities, and other products can also be of service. Be sure to discuss all pertinent details with your agent in order to avoid missing a plan which will suit your needs. Insurance professionals often utilize methods and tools to review your current financial status, future plans, your family’s needs, etc. This is especially important when considering the number of different products which are now available to those who are considering purchasing life insurance.