Whether you’re single or married, life insurance can be a boost to your financial portfolio. Life insurance benefits can be used in multiple ways to help loved ones financially upon your unexpected demise. At Senn Insurance Agency in O’Fallon, MO, we can help you choose the policy and coverage best suited to your needs. Here are just a few of the many reasons to consider life insurance at this point in your life.
Financial Support for Those You Love
If you’re married, life benefits can help support your spouse and family after you’re gone. Life benefits can supplement your family’s income to pay for daily living, school needs, medical bills, childcare, and more. As a single, you can support aging parents in their golden years or help put a younger sibling through college to give him or her a better start in life.
Pay off Outstanding Debts
Life insurance benefits can help pay off a mortgage, car loan, credit card debts, or private student loans, so your spouse or family isn’t left with this burden after you’re gone.
Pay Your Funeral Costs
If you’ve made no provision for your funeral, life benefits can be used to pay this expense, saving your loved ones thousands of dollars to cover this untimely cost.
Support Favorite Charity
By naming a favorite charity as your beneficiary, you can support a good cause to better your community after you’re gone.
For Peace of Mind
Having a life insurance policy can give you peace of mind that loved ones will be well taken care of upon your untimely demise. You can’t predict your future. You can, however, make your family’s future easier with the extra support that a life insurance policy has to offer after you’re gone.
For quality life insurance coverage at affordable costs, contact Senn Insurance Agency in O’Fallon, MO.