Life insurance: it can be a scary topic. It’s hard to know when you need life insurance, and it can feel like an unnecessary expense. Consider the following questions when deciding whether it’s time for you to purchase a life insurance policy. Make sure you stop in at Keystone State Insurance in West Chester, PA to talk with an agent about any additional questions you might have.
- As uncomfortable as it may be, think about who will be responsible for making arrangements after you pass away. Is the responsible party someone who is independently wealthy? Is the responsible party someone who might struggle with the thousands of dollars a funeral and burial can cost? By purchasing a life insurance policy, you’re alleviating your loved ones of the financial burden that sadly accompanies death.
- Do you have children? If so, a solid life insurance policy will ensure that your children are financially taken care of after you pass.
- Are you independently wealthy? If so, estate planning may make more sense for you than a life insurance policy. Talk with a qualified estate planner to discuss which option makes the most sense for your personal financial situation. This isn’t the time to be humble- you want to make sure that your hard earned money goes exactly where you want it to go after you’re gone.
Life insurance does not have to be stressful or expensive. It’s important that you talk with a qualified agent who can help you make life insurance decisions that make sense for you and your family. Stop in at Keystone State Insurance in West Chester, PA to talk with an agent who will understand your needs.