What happens to your family in Myerstown, Robesonia, Wernersville, Womelsdorf, Wyomissing, PA, and the surrounding areas if there is an accident and you pass away? How will they carry on financially? With a life insurance policy through Stubbs Insurance Associates, you are providing them with important options. The top 8 reasons you need life insurance are:
- An income stream
- A mortgage
- College loan
- Child’s needs
- Good health
- A business
- Retirement
- Funeral expenses
Keep reading below to understand the important reasons of having a life insurance policy. And, when you are ready, contact our team to put your life insurance policy in place.
Giving Hope After Tragedy
Life insurance is meant for the people you leave behind, and there are many things that your life insurance policy can help to provide. One of the most important options is that it can provide an income stream in your absence. The proceeds can be invested, and the return is that lost income stream that continues to help year after year. Your life insurance could also allow your family to pay off the mortgage, allowing them to continue living where they love.
Your life insurance could be the ideal source of funds to handle a college loan and not saddle your children or spouse with unmanageable loans. In fact, just raising children can be expensive, and having the additional funds from a life insurance policy can make daily living much easier. It is also well-known that it is easier to get life insurance when you are in good health, so don’t wait to get this vital piece in place.
Helping Businesses Continue
Having the right life insurance can help a business weather the loss of a key person or partner. Planning for retirement is an important ongoing issue, and having life insurance in place can make that easier knowing that things are covered financially. And when it comes to dealing with the final expenses of a loved one, that life insurance policy can be used to cover those costs without causing an undue burden on the family.
There are many reasons why having a life insurance policy in place is the right thing to do in Myerstown, Robesonia, Wernersville, Womelsdorf, Wyomissing, PA, and the surrounding areas. No one knows when things will go south, and life insurance is a risk mitigation strategy to help people stay afloat and pay for needed expenses, either one time or ongoing. Speak with our team at Stubbs Insurance Associates today to learn more.
