Life Insurance is a topic that not many want to talk about. As an Insurance Agent who’s specialized in Life Insurance I’ve heard many reasons not to purchase Life Insurance. The truth is we are all going to die someday and, in many cases, it will cost our loved one’s thousands when it happens. To pay final expenses is a top reason to buy life insurance. I don’t want my spouse or other family members to suffer financially as well as emotionally when I die.
Some of you who are reading this may say it won’t cost that much for me because I want to be cremated. Not true, statistics from the National Funeral Directors Association (NFDA) shows that in 2017 the national median cost of a funeral with viewing and cremation was $6,260. I’ve personally have seen traditional burial funeral expenses totaling over $10,000.
Replacement of lost income is another good reason to buy life insurance. Especially true if your family relies solely on your income. I don’t want to leave my family in debt. You can’t predict the future but you can be prepared for the inevitable and life insurance can do that for you.
There are many other good reasons you might want need life insurance. If you like to know more please feel free to contact me for a life insurance review. I’m here to help you prepare for the unexpected.