When it comes to selecting a Valentine’s Day gift for your special someone, you may find yourself purchasing the same items every year – roses, chocolates, or perhaps a romantic evening out. This year, why not opt for a unique gift that truly communicates how much you care? Although it probably isn’t the first (or even second or third) idea that comes to your mind, you can find this meaningful, selfless type of gift in a life insurance policy.
Providing cash to your loved ones after you pass, life insurance can communicate your genuine concern to your family members and provide you with peace of mind, knowing they will remain financially stable in your absence. Although it’s a difficult thought to contemplate, it’s important to be prepared for life’s unexpected events. This Valentine’s Day, instead of gravitating toward a teddy bear holding chocolates or a musical greeting card, consider the following reasons for giving the gift of life insurance:
- Life insurance protects your family immediately after your passing as well as for years to come. In addition to covering the cost of final expenses like a funeral service, life insurance can also help your loved ones finance future expenses such as college tuition and mortgage payments. This type of financial support can determine whether you family is able to remain in its home or keep a family business operating, for instance, especially if you are the primary wage-earner.
- Coverage is affordable and securing life insurance is simpler than you may think. Although it may seem like a daunting task to try to determine how much money your family would need to meet both immediate and future expenses without your income, there are valuable resources available to assist you. One of these great, free tools is the LIFE Foundation’s Life Insurance Needs Calculator, which will provide you with an estimate of your coverage needs in just a few minutes.
- When it comes to life insurance coverage and questions, another valuable resource you have at your disposal is your insurance agent. In addition to home, auto and business insurance, many independent insurance agents can also handle your health and life insurance needs. Although there are many ways to purchase life insurance, given the nature of the coverage and the role it plays in protecting your family financially after your passing, you may take comfort in entrusting this responsibility to someone you already know and trust. If this is the case, contacting your independent is a great place to begin.
At Knapton, Reade & Woods Insurance Agency, our agents will help you better understand the various life insurance coverage options available to you, answer any questions you may have, and find the right policy and amount of coverage for your family’s needs. To get a free life insurance quote, please call us today at 603-464-3422 or click here to submit our online quote request form.
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