• Phone: (239) 247-5125
  • info@cisinsfl.com

Life Insurance: Why You Need It | Naples Insurance Agency | Fort Myers Insurance Agency

Mar, 15
0

happy family having fun outdoors at home on a sunny day

If you have a spouse and children, life insurance is not only suggested, it is a necessity. What would happen to them if you passed away? Do they count on your paycheck to buy food and pay the mortgage? What about your child’s future education? These are questions that are hard to talk about, but is something that needs to be addressed by every family.

Life insurance assures you and your family that they will be taken care of in the case of your death. Speaking of one’s own death or even considering it can be a difficult conversation. But, death is inevitable for everyone and the timing of it does not always happen when you think it will. No one decides to get in a car accident, it just occurs. Being prepared can give you the peace of mind in knowing that your family will be financially cared for upon your death.

Regardless if you are a single or dual income household, your life insurance policy can cover the loss of your wages to your family. There are two types of life insurance policies to consider and review with an insurance agent.

Term Life: this type will pay if death occurs during a specific timeframe. Normally, up to thirty years. Within this type, there are two categories: level and decreasing. Level insurance means that the benefits remain the same throughout the life of the policy. Decreasing simply means that every year the benefits reduce.

Whole Life: this type will pay if you die at any time during your life. There are options within whole life insurance. This type of policy will also generate additional cash value.  Discussing them with your insurance agent will determine which type is right for you.

Centennial Insurance Services has the knowledge and experience to help guide you in which type of life insurance is best for you and your family. Please call us at 239-247-5125 to schedule an appointment or visit us at www.cisinsfl.com to request a quote.

Mar, 15
0

happy family having fun outdoors at home on a sunny day

If you have a spouse and children, life insurance is not only suggested, it is a necessity. What would happen to them if you passed away? Do they count on your paycheck to buy food and pay the mortgage? What about your child’s future education? These are questions that are hard to talk about, but is something that needs to be addressed by every family.

Life insurance assures you and your family that they will be taken care of in the case of your death. Speaking of one’s own death or even considering it can be a difficult conversation. But, death is inevitable for everyone and the timing of it does not always happen when you think it will. No one decides to get in a car accident, it just occurs. Being prepared can give you the peace of mind in knowing that your family will be financially cared for upon your death.

Regardless if you are a single or dual income household, your life insurance policy can cover the loss of your wages to your family. There are two types of life insurance policies to consider and review with an insurance agent.

Term Life: this type will pay if death occurs during a specific timeframe. Normally, up to thirty years. Within this type, there are two categories: level and decreasing. Level insurance means that the benefits remain the same throughout the life of the policy. Decreasing simply means that every year the benefits reduce.

Whole Life: this type will pay if you die at any time during your life. There are options within whole life insurance. This type of policy will also generate additional cash value.  Discussing them with your insurance agent will determine which type is right for you.

Centennial Insurance Services has the knowledge and experience to help guide you in which type of life insurance is best for you and your family. Please call us at 239-247-5125 to schedule an appointment or visit us at www.cisinsfl.com to request a quote.

The post Life Insurance: Why You Need It appeared first on .

Leave a Reply

You must be logged in to post a comment.