Protect Your Family with Life Insurance
No one likes to talk about life insurance, but it is something everyone should have. Unfortunately, we never know when we will need it. Many people do not think about life insurance until it is too late and they already have been diagnosed with a medical condition that makes them uninsurable. Your family members depend on you for many things, and there is no substitute for your love and support. However, it is comforting to know you can at least guarantee permanent financial security for them in the event of your premature death. Planning now can help ease the burden your loved ones may face later. That is what life insurance is all about.
Flexibility - Life insurance needs change as your life changes. Getting married, having children, buying a home and planning for retirement are just a few examples.
Convenience - Life insurance can be adjusted when necessary to meet your changing needs.
Value - Life insurance can provide low cost protection or a savings vehicle.
Nothing is more important than the lives of those who depend on you. If something happens to you unexpectedly, you want everything to be in order so they can go on.
Your family. Your future. Your life. Secure what's important, with a life insurance plan designed specifically for you by Reno Insurance Agency. Give our office a call today! (937) 223-5235
Term Life Insurance v. Permanent Insurance
Term insurance is great for giving the most coverage for the least cost right now. A new family with young children and a need to stretch their budget should consider term insurance. It is surprisingly affordable.
Someone with a mortgage payment or car payment, who does not want to leave that monthly obligation to their loved ones, could consider term insurance to pay these debts off in the event of their death.
What are the downsides of term insurance? It usually provides 10, 20 or 30 years of protection, depending what you buy.
What happens when you get to the end of the term insurance policy and you still need life insurance? Most of us would expect to be less healthy in 10, 20 or 30 years than we are today. Things like weight, cholesterol and high blood pressure all could make you unable to qualify to buy more life insurance then, or it may be so expensive you can’t afford it.
Permanent insurance bought at a younger ages can prove to be the best value in the long run, however term insurance can give you lots of protection for the lowest cost now. Everyones situation is unique, if you would like us to develop a specific plan to protect your family's financial future, just give our agency a call.