Caring for your family, no matter what life brings.
How does life insurance protect my family?
While nothing could replace you, life insurance delivers protection to your family by providing a tax-free death benefit your beneficiaries can use to pay your final expenses, reduce debt, settle medical bills, cover college tuition and pay every day living expenses. Not only could your family maintain their lifestyle, they could build their future.
Who needs life insurance?
Whether you are married, single, divorced with children, parent of a special needs child, breadwinner, or a stay at home parent, life insurance can give you a feeling of peace, knowing your family will be taken care of.
Those who would like to protect their family may be the obvious answer to the question, 'who needs life insurance?' though there are other cases where life insurance is a great option. For example, if you are a business owner, insuring key employees may be a critical aspect of your business continuation plan, or if you hold a specific charity near to your heart, life insurance can also be utilized to gift to an organization.
What type of coverage is right for me?
One of Strategic Financial Partner's financial advisors can help you analyze your unique situation and help you determine the choice that best suits your circumstance. They can walk you through the options of term or permanent coverage, as well as the appropriate amount of coverage.
What about Long Term Care or Disability Insurance?
Long Term Care and Disability Insurance are two other types of insurance you may want to consider. These products can stand alone, or in some cases can be combined with life insurance policies. Long Term care can help pay the cost of care not covered by health insurance, Medicare or Medicaid.
Life insurance products contain fees, such as mortality and expense charges (which may increase over time), and may contain restrictions, such as surrender periods.