Insure Your L♥ve

February and Valentine’s Day is a time when we do special things for the ones we love, which is why there’s no better time than right now to protect them through proper life insurance planning.

Insure Your Love

What do love and life insurance have in common?

More than you might realize. The motivation behind purchasing life insurance is love: We buy it because we love people and want to protect them financially. It’s also a gift that continues to give. The proceeds of your policy could benefit your loved ones for many years after you’re gone. Think of it as the ultimate act of enduring love.

A lot of people put off purchasing life insurance.  It seems like a hassle.  You don’t want to do any sort of medical appointment.  It’s an extra expense.  And, for the most part, you just plain don’t want to think about death.

But in today’s difficult economic environment where protracted high unemployment levels have taken their toll on American families, many American households are living paycheck to paycheck. In these times — when families don’t have savings to withstand the loss of an income — the need for life insurance is even more critical to protect families against unexpected death.

Here are three additional reasons why now is the best time for you to look into getting your life insurance plans in order (the sooner the better!):

  1. You’ll never be younger than you are today. While this may sound obvious, youth is on your side when it comes to life insurance both from a price perspective as well as insurability. With each birthday you’ll see your premium go up unless you lock in a great rate now. Don’t wait until you’re just young at heart to get covered.
  2. It’s affordable, with rates near historic lows. People overestimate the cost of life insurance by nearly three times, the actual price.1 In fact, life insurance rates remain near historic lows; the cost of basic term life insurance has fallen by nearly 50 percent over the past decade. For example, a healthy 30-year-old can buy a 20-year, $250,000 level-term policy for about $13 per month.
  3. Life Happens. One day life is going along smoothly, and the next, you’re thrown a curve ball. No one knows what the future holds. None of us expect to die prematurely, but the truth is roughly 600,000 people die each year in the prime of their lives. That’s why today is always the best day to take care of your life insurance needs. 

Insure Your L♥ve

Contact me if you would like to be provided with the right tools to determine how much and what kind of life insurance might be right for you.

Related articles

Sources: 1. Consumers Misinformed about Price of Life Insurance

Dreams can come true

57 years ago today, Fairytales became a reality when Disneyland opened.

All our Dreams come true if we have the courage to pursue them

But did you know that this dream may not have been possible without life insurance?

It’s true: After failing in the pursuit of traditional means of financing to build what would become Disneyland, Walt decided to provide his own financing. In 1953 Walt Disney gathered money from many sources, including borrowing money from the cash value in his life insurance policy in order to fund his first theme park.

This just goes to demonstrate the flexibility and freedom that can be provided through a life insurance policy. The ability to be your own banker when you need it most is priceless.

Thank you Walt Disney for having an amazing dream to design, create and build the most wonderful place in the world where childhood is infinite.

Disneyland will never be completed. It will continue to grow as long as there is imagination left in the world

–Walt E. Disney

6 Famous Brands Started or Saved by Life Insurance

Facts about LIFE

Life HappensLife is unpredictable—that’s why we say LIFE Happens. And while you can’t control the future, you can take steps to protect your family financially and safeguard the good things that you’ve created in your life with proper life insurance planning.

Each year millions of Americans endure unnecessary financial hardship as a result of loved ones dying with little— or no life insurance

The number of Americans with a life insurance policy has declined to an all time low as 41 percent of the population (95 million) stated they have no life insurance at all!1

Also Scary: 4 in 10 of those who DO have life insurance only have it through group life insurance coverage

Let me be the first to tell you — this is bad planning.  Sure, it’s great to have your employer provide you with a life insurance policy in which they are paying for — but don’t let that be your only protection! Think about it — do you know for sure that you are going to be with that employer for the rest of your working years?  There is no way to know for sure, but what do you think happens when you leave your employer (Along with your life insurance policy) behind, and you are now 20 years older? Or worse, your health has deteriorated and you are no longer considered to be the “Insurable” candidate you once were? The thing about life insurance is that you aren’t bound to keep it forever — if your lifestyle changes and you don’t feel you need the coverage — you can opt to cancel the policy.  That is A LOTeasier to do than trying to find a  policy with unfavorable health conditions.

Life insurance should serve as the foundation of your family’s financial security

Life Insurance ensures that your loved ones will have the same lifestyle and opportunities, even if you’re not here.  While it cannot replace you, it can provide your family with funds they need to:

√ Pay final expenses
√ Make adjustments in their life
√  Replace the income you provide
√  Keep your family in their OWN World (i.e: Home, Neighborhood, School)
√ Create a college fund
√ Provide for financial emergencies
√ Provide for child care and/or home care

Standing up to the future means making sure you and your family can carry on, even in the face of a disaster. That’s where life insurance and other forms of insurance come in.

Life insurance won’t guarantee you’ll never face a tragic situation, just as wearing a seat belt won’t keep you from crashing your car. But it will provide your family with financial protection. And whatever hopes and dreams you have for your loved ones can still be realized, even if the worst were to happen.

That’s why we say LIFE Happens — because it really does — no matter what the future throws at you.

This infographic does an excellent job of highlighting some of the important facts and figures about life insurance: Continue reading

Should I buy Insurance?

While some things are certain in life (death and taxes), there is plenty that is unpredictable. Purchasing insurance for your assets, including your life, can be one of the most important decisions you will ever make.
But how do you know what kind of policy you need, or how much coverage to purchase?
This Infographic will provide you with a handy flowchart that will help determine which insurance coverages you need, and if so, how much coverage you should purchase:

Source: via Melissa on Pinterest