Unlike health, auto, or home insurance, the insured individual never benefits from having life insurance. Having life insurance is a gift to the people who depend on you and your income. Otherwise, it could be the beginning of financial struggles for those you leave behind.
How will your loved ones be able to spend the benefits from your life insurance policy?
Pay funeral expenses, which are usually in the thousands of dollars
Pay off the home mortgage
Pay off debts
Pay current or future student loans and college expenses
Replace family income for a number of years
Preserve the family lifestyle
Don’t leave your loved ones scrambling to make ends meet during a tough time. Purchase personal life insurance today!
BenefitPerqs is a voluntary benefits company which offers life insurance among other benefits.
September is Life Insurance Awareness Month, promoted by the Life Insurance Marketing and Research Association (LIMRA), an international association of insurance and financial services firms.