Asset Protection, Debt Reduction, Money for College, Financial Security… You really can have it all! If you’ve selected the proper Life Insurance policy.
Your biggest asset might not be your house, a fancy car or that boat you just bought. It may just be your ability to provide your family with an income. Life Insurance is something you need if you have loved ones who depend on you to provide for them. At the very least, you’d want them to be able to live debt free. You don’t want to leave them unprepared at the very time they are most vulnerable.
If something were to happen to you, wouldn’t you like to know your loved ones are taken care of? How will they pay for a funeral? Who will pay the monthly bills? Will they be able to keep the house?
No one wants to think about the inevitable loss of life. But you can sleep well at night knowing you’ve prepared your loved ones for the future. Buying a Permanent life insurance policy can provide money for final expenses or paying off debt, provide your beneficiaries with money to further their education, money to supplement lost income while they mourn, and much more. Additionally, while you’re still alive, the Cash Value provided by a permanent policy could provide funds for college, money for an exotic vacation or some other heart’s desire.
A Term Life policy, which is in effect for a specified period of time and does not build cash value, might be an appropriate choice for paying off debt, such as a mortgage, as well as providing extra money for final expenses.
How do you choose the best coverage for your situation? Baron Insurance can help you select the product that is right for you. Peace of mind for you and those who matter most.