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Senn Insurance Agency

124 Triad Center W,
O'Fallon, MO 63366

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Senn Insurance Agency Blog

Why life insurance is important for single people

Residents in O’Fallon, MO and the surrounding area can rely on the team at Senn Insurance Agency for all of their insurance needs. We can help you determine if life insurance is something that can help your financial future. Contact our office today to learn more about life insurance’s many benefits. 

Single people can benefit from life insurance.

When people think of life insurance, they often think of it as a vehicle for young families to protect their children should a catastrophe occur. While this is an essential function that life insurance can serve, it is not the only one. Single people who don’t want to leave their loved ones with any financial burdens at the time of their deaths can also benefit from carrying a life insurance policy.

Even when the estate has plenty of resources to cover burial and end-of-life expenses, those funds aren’t typically accessible immediately following a death. With probate and estate settlement issues, it can take some time for funds to be disbursed according to a person’s will. This means that, in many cases, it comes down to relatives or loved ones to cover the cost of a funeral and other immediate expenses that occur at the time of a person’s death. 

Many single people opt to carry a term life policy to avoid leaving loved ones with a financial burden. This type of life insurance policy is an effective way to cover end-of-life expenses. 

Call or stop by today!

Senn Insurance Agency is here to serve the insurance needs of residents in O’Fallon, MO, and the surrounding area. If you have questions about life insurance, give us a call or come by our office today.