Life insurance may not cross your mind on a regular basis, but now is the perfect time to assess your family’s life insurance needs, considering that September is Life Insurance Awareness Month. Each September, the LIFE Foundation coordinates Life Insurance Awareness Month to help increase awareness about life insurance and the need for families to include this vital coverage in their financial plans.
Although it’s difficult to think about the consequences that an unexpected death could have on your family, it’s important to address this issue and understand how life insurance can provide you with peace of mind. Life insurance can help you ensure that your family will remain protected, even in your absence. This type of coverage can help your loved ones pay off debts and loans, as well as finance future expenses like a child’s college education. It can help keep your family business in operation and can help keep your family members in your home.
However, despite these benefits, 30 percent of U.S. households lack life insurance, according to the industry research group LIMRA. Compared to six years ago, today there are 11 million fewer American households protected with life insurance. In other words, the majority of American families either lack life insurance altogether, or lack a sufficient amount of life insurance coverage, which could leave them in a financial predicament in the event of an unexpected terminal illness or injury.
Your family’s financial future is too important to leave to chance. Considering that September is Life Insurance Awareness Month, now is the perfect time to assess your family’s coverage needs. To help you accomplish this task, the LIFE foundation offers free, valuable tools like the Life Insurance Needs Calculator. Another great way to determine your family’s needs is to contact your independent insurance agent. Your agent will help you better understand life insurance and how it can help your family, answer any questions you may have, and explain the different life insurance coverage options available to you.
At Knapton, Reade & Woods Insurance Agency, the protection of your family is our top priority. Our agents will help you better understand this valuable type of coverage and the peace of mind it provides. We are proud to provide life insurance in Hillsborough NH and the surrounding area, including Weare, Hopkinton, Henniker, Deering, Bennington, Washington, Windsor, Antrim, and all of New Hampshire. To get a free life insurance quote, please call us today at 603-464-3422 or submit our online quote request form.
Photo courtesty of the LIFE Foundation.
