At the Fisher Widmann Flick Insurance Agency, we understand that talking about insurance is not typically a pleasant experience. This is especially true when it comes to purchasing one of the most important types of insurance of all: life insurance.
Life insurance is designed to offer a source of financial stability to friends or family listed in your policy as beneficiaries upon your passing. Needless to say, talking about what to do in the event of our passing is not an easy task. Discussing life insurance policies can be one of the most difficult things any of us has to do – so difficult, in fact, that many of us would rather talk about any other topic instead of life insurance!
Unpleasant as the idea of passing on may be, discussing and purchasing life insurance is especially critical if you have a family that would be affected by your passing. And since we’re encouraged to insure anything else of value to us, why put off insuring ourselves? This is especially true if you’re healthy and entering a point in your life where life insurance would greatly benefit a family that relies on you; by looking into life insurance while you’re healthy and young, you have ample opportunity to save money on your policy, as well as to do any necessary research that will help you find the perfect policy.
When you do decide to purchase life insurance, your next step is to ensure that you purchase a policy that meets your needs. According to money.usnews.com, “Financial experts often recommend that people take out insurance policies worth at least seven times their annual household income, but specific needs vary.
This, however, is not a requirement, as the worth of your life insurance is ultimately dependent on your needs as an individual. Foxbusiness.com said it best: “How much life insurance do you need? The answer depends on several factors, including your age, the ages of your spouse and children, your income, your mortgage and other debts, college expenses for your children and/or spouse, and the size of the last bill you’ll ever incur: your funeral expenses.”
Of course, like any other type of insurance, life insurance coverage varies from policy to policy, and may need to be changed or replaced depending on your changing needs from year to year. Our staff at the Fisher Widmann Flick Insurance Agency understands this need. That’s why we are all specially trained and ready to help evaluate your policy options to ensure that you obtain an affordable policy that will ensure your loved ones will be supported in the event of your sudden passing. So go ahead and schedule your appointment with us today; our representatives are ready to help you begin the long-term planning process that will result in the best life insurance plan for you.
http://fwfinsurance.com/wp-content/uploads/2016/10/fwf-logo-1.svg00fwfadminhttp://fwfinsurance.com/wp-content/uploads/2016/10/fwf-logo-1.svgfwfadmin2014-01-28 16:02:522014-01-28 16:02:52Now Is The Time To Talk About Life Insurance