Although the majority of Americans believe that purchasing life insurance is a good idea, only 54% have done so. Of the 54 percent, 27 percent have a group policy through their work, which in most cases does not provide appropriate coverage.
Life insurance isn't something you should be terrified of. Instead, see it this way: life insurance is a form of financial security for you and your loved ones that can help to reduce or eliminate financial hardship.
It's also something you should think about. Especially if you have children or other dependents who rely on your income, have joint financial commitments with a partner, have debts such as a mortgage or student loans, are a stay-at-home parent, or wish to leave something to your children.
If you haven’t gotten life insurance yet, you might just need a little nudge to complete that task on your to-do list. It’s an important one. Wealth & Finance Professional will help you with your life insurance by thoroughly review your current strategy to help eliminate surprises; surprises that too often come when you're unable to jump back into the earned income arena. Contact us now.
