817-485-5050 info@schwabagency.com

Life Insurance Colleyville TX

Life insurance for empty nesters.

Life insurance is a valuable investment to make sure your family is cared for even after you’re gone. But what if your kids are all grown up and have left the house? Empty nesters still need a life insurance policy. While many empty nesters assume that they no longer need life insurance, they may not have considered social security restrictions or unexpected expenses. Here’s why empty nesters still need life insurance.

Social Security

While social security pay gives some financial relief to a spouse, restrictions may diminish the amount or disqualify anyone from accessing the funds. In the event that social security benefits are received earlier than the full benefit age of 67, the amount given is permanently reduced. There’s also a “blackout period” when it comes to social security. In the event of an earlier death, social security benefits aren’t paid until the surviving spouse applies for benefits at the deceased spouse’s 60th birthday. Until then, there’s no supplementary income for your spouse should you not have life insurance.

Financially Dependent

Even if you’re kids are out of the house they may not be fully financially independent. Perhaps you have children in college and have been helping out with tuition, or perhaps you have an elderly parent or spouse that needs assistance. Investing in a life insurance policy will help offset heavy financial burdens for your family.

Cover Unplanned Expenses

It’s a good idea to have a safety net. Life insurance provides just that. While you may have retirement savings, they may not be enough to cover living expenses. Expenses after death are also expensive. From funeral costs to estate taxes, your family may have thousands of dollars of expenses. Life insurance would help to offset the cost and supplement any financial needs.

Even if you are an empty nester, it’s a good idea to have life insurance! For the best insurance, contact the professionals at The Schwab Agency. Located in Colleyville, Texas, we serve all your insurance needs.

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The Schwab Agency

The Schwab Agency, LLC has over 20 years of experience within the insurance industry in our community and our goal is to bring you unparalleled service and dedication. Since the majority of our business is through long-lasting relationships with our clients, fulfilling your needs is of the highest priority.

COVID-19 Update:


Due to new increasing cases of Covid-19 our office will be closed to the general public until further notice. Our team will still be working full-time in the office and here to assist with all your insurance needs. Please contact us via phone at (817) 485-5050 or email: info@schwabagency.com.


We hope everyone is doing their part to protect themselves and their loved ones during these hard times, and thank everyone for understanding our decision to do our part to help protect our staff and those in our community.


Tim Schwab.
President and Managing Partner