The National Association of Insurance Commissioners reports that 62% of the people who own life insurance do not really know what they have or why they bought it. They simply assume that if you pay the premium the coverage will always be there like auto or home insurance. Life Insurance is an unselfish “gift of love” to insure that our loved ones will not wind up homeless or financially destitute. Another important industry statistic is the fact that 82% of Americans do not have enough life insurance.
Here are some important guidelines to insure the security of your family through life insurance. First, nothing but life insurance can provide the needed income tax free dollars to secure your family at your death. I have delivered many many life insurance checks to widows during my 40+ years as an agent and I was the only guy in those homes bringing income tax free dollars. Everyone else from the funeral director to the florist wanted their money. Not only does the widow and children feel the grief but also the huge financial stress. Life insurance is just a promise on a piece of paper called a “policy” until you need it and suddenly it becomes the only source of security for the family our insured loved so much.
The reason so many clients are under-insured is the feel that they forget the need to provide for the mortgage on the home, income replacement for what you would have earned over your remaining years of employment, college for the kids, plus bills created by final expenses (normally at least $20,000).
I challenge you to call our office now while you’re thinking about it and schedule a life insurance review. Do you have adequate coverage? Do you have term insurance that will increase in price to totally unaffordable to when you’re older?
We will review these important needs with absolutely no obligation on your part whatsoever.
Please call today. Ask for Jon Cezar (863)606-0222
Gary B. Headley, CLU, RHU, PhD.
Headley Insurance Corporation
"Old Fashioned Caring Service"
Central Florida's Premier Insurance Agency for over 40 years.