Protect Your Family

Written by Stephanie Dula
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The best argument I've ever heard for buying life insurance was a simple question. What would happen to your family if you died today? While it's obviously a grim thought that most people would rather not ponder, a parent or caretaker with dependents must sooner or later face the reality that bills would still be due if he or she were gone.

The mortgage notice would still arrive in the mail, along with bills for loans, credit cards, education, or any other debts that may have been accrued over the years. One's survivors would continue to face the everyday challenges of putting food on the table and a roof over their heads. And with the loss of a major portion of the family income, additional financial needs may pop up.

Consider a stay-at-home mom, newly widowed, who now must return to work and put the kids in daycare. Childcare bills are suddenly coming in, along with all the usual bills for utilities and rent. A well-chosen life insurance policy will be able to at least provide some assistance during what can be a physically and emotionally challenging period of time.

Insure Your Life

One way to protect your family from total financial ruin due to an untimely death is to buy a good life insurance policy from a reliable company. Life insurance can provide much needed peace of mind that one's family would be able to go on even if you weren't around. Those who are young and healthy obtain the best rates on policies, but there is some level of coverage available for most everyone.

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