Buying life insurance really isn’t insuring a life; it’s insuring the loss of income that would result if the insured were to die, or—in some cases—the significant new expenses that would be incurred after death. While some Americans buy life insurance for estate planning and tax purposes, most buy it to provide for their loved ones in the unfortunate event of their untimely death and resulting loss of income for the family.
For most people in their wage-earning years, term life insurance can be a less-expensive-than-expected solution to guarding against their family suddenly living without a breadwinner’s income. Life insurance proceeds can help maintain an established standard of living for the family, reduce or eliminate debt, cover final expenses, meet college education expenses, and more. While every loss of life is tragic, life insurance can help prevent the follow-up tragedy of catastrophic financial loss resulting from the death of a provider.
Vision Financial advisors are independent, and positioned to shop the industry among dozens of insurance providers for the carrier with the lowest rates highest ratings. We’ll analyze your need for insurance, and help you arrive at a coverage amount and length of term that will provide proper protection for your family at an affordable rate.