Life Insurance

Many people assume they don’t need life insurance. They make excuses for why they can’t afford it and why they’re family is fine without it. However, at Massabni Insurance & Financial, Inc., we’ll talk to you about the benefits of a policy and how it can be more affordable than you might think.

Why is life insurance a good idea?

You never know what tomorrow holds. If you were to pass tomorrow, life insurance can offer financial protection to your family. It can ensure that they have the financial means to move forward. Especially if you’re still working, they may depend on your salary. If you pass, that income stops.

There are different types of life insurance, offering you the kind of coverage that you can afford. Term life allows you to choose a term of 5 to 30 years where you’re protected with a policy. Meanwhile, whole life not only covers you for your entire life but also offers a cash value later on in the life of the policy.

With the help of our independent insurance agents, we can talk to you about the various types of coverage and explain the benefits of having a life insurance policy in place. No matter your age, a life insurance policy can help to offer protection to those you may leave behind.

How much should life insurance policies be worth?

There’s always the question of how much a policy should be worth. Policies can be written for as little as $10,000 and for as much as $1 million or more. It comes down to what you need the policy to pay for in the event of your passing and what you can afford.

Consider such expenses as: