Why Buy Life Insurance?

Balcos Insurance

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Jun 14, 2010

Why buy life insurance? Life insurance is essential. It protects your family and loved ones when you're gone, and can be a tool to finance your objectives from education to retirement while you are alive.

Life Insurance can be used to:

  • Make provisions to take care of your family after you are dead, guaranteeing that your family will continue receiving income.
  • Give your survivors choices about their future - if you own a home, your life insurance might pay off the mortgage so your family can stay in the house rather than being forced to sell it.
  • Provide an income to cover everyday expenses such as groceries, bills, rent, mortgage, etc.
  • Set money aside for final expenses.

Life insurance can also be used to:

  • Supplement your retirement.
  • Help cover the expenses of raising your children.
  • Help pay for your children's education.
  • Preserve your estate.
  • Safeguard your home mortgage.

Right now we have low rates through several life insurance carriers. If you are in good health and require life insurance coverage of $100,000 or more, you may qualify for a term life insurance policy with premiums guaranteed level for 10 years. Please contact us for more details.

Call us to learn more or get life insurance quote.

Note: Trendsetter Super 10 (1-306 11-107; 3-306 38-109 in New York) is a term life insurance policy issued by Transamerica Life Insurance Company, Cedar Rapids, IA 52499 or Transamerica Financial Lief Insurance Company, Purchase, NY 10577. Premiums are guaranteed level for the first 10 years, then premiums increase annually starting in year 11. Policy form and number may vary, and this policy may not be available in all juristictions. In most states, in the event of suicide during the first two policy years, death benefits are limited only to the return of premiums paid.

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Why Buy Life Insurance?

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