How soon after your first child was born did you start to worry about planning for their future? Whether you only lasted a few hours or the nerves didn’t kick in until later you’ve probably been worrying about it ever since. Having a family is one of the most rewarding experiences in life, but it’s also one of the toughest jobs on the planet. It can be easy to forget how much we actually do for our family on a daily basis, after all it’s just part of the day to day life of being a parent, a partner, and a provider. So let me ask you another question: would your family be able to cope financially without you?
That thing we don’t talk about
If you’re the main provider for your family, the loss of your life can also mean the loss of financial security. Yet life insurance still isn’t discussed anywhere near as much as it should be. This isn’t because it’s a poor financial planning choice (it’s actually a great option), but because most people don’t like to think about their own death or leaving their family behind. It’s also easy to push life insurance to the bottom of the planning list while we focus on our current financial stability.
Life insurance isn’t just about protecting your family financially…
…it’s about giving them the future you want them to have. It’s easy to think that life insurance is simply there to cover financial essentials, which it should, but you don’t have to limit your financial legacy to day-to-day expenses. In addition to covering mortgage payments and other monthly expenses people also buy enough coverage to provide for important milestones in their children’s lives like college expenses, wedding costs, mortgage down payments, and much more.
The price of peace of mind
Life insurance is surprisingly cost effective so you don’t need to worry about finding an affordable plan. It also comes with the added bonus of the peace of mind—you’ll know that your family is protected financially should the worst happen. Our online calculator can help you identify the right coverage amount for your family.
One last thing: it’s important to reevaluate your needs after each major life event. So, even if you currently have life insurance coverage you should make sure your coverage still provides the protection you want for your family. Take the first step towards giving your family the gift of financial stability by requesting a quote today.
Knowledge is power. The more you know, the easier it is to make an intelligent choice. Everyday life, as well as certain events and circumstances, require you to make choices. And peace of mind is gained when you feel good about the decisions you make.
When it comes to life insurance, IntelliQuote is there for you to make the intelligent, well-informed choice. From term life insurance to universal life insurance and final expense insurance, we make it easy for you to compare, shop and save. Get multiple quotes now and make the intelligent decision for Life.