While you’re preparing to celebrate Valentine’s Day for the ones you love, it is also important to make sure they are protected.
It’s unpleasant to think about, but we want our families to be taken care of if the worst were to happen. Life insurance can give you the peace of mind you need to know that your family’s basic needs will be met.
Here are some of the things your life insurance may cover:
Loss of income
Education costs for your children
Paying off your mortgage
End of life expenses
Additional benefits are available beyond the death benefit on some types of insurance you buy, such as universal life or whole life.
How much life insurance do you need?
Life insurance amounts vary from person to person. You’ll need to consider the amount of debt you have, the number of dependents, your spending habits, your savings goals, and how much you want to leave to your family.
Online life insurance calculators can give you an estimate, or we’d be happy to talk with you about your specific needs.
How often should you review your life insurance?
Since life constantly changes, Rivers Insurance Group recommends an annual review of your life insurance policies, or whenever you experience a major life event such as the birth of a child, the purchase or a home, or a change in your marital status.
Contact us today for more information about life insurance options, and enjoy the peace of mind with your family this Valentine’s Day.