817-485-5050 info@schwabagency.com

While most people need this coverage, many don’t purchase it. We take a look at why.

Being a responsible adult means that you make your bed every morning, pay bills on time, and ensure that your loved ones are financially safeguarded if you unexpectedly leave them behind. For the latter, this doesn’t mean that you need a savings account that rivals the 1 percent. Life insurance coverage offers protection for your family’s future!

Not everyone needs life insurance. If you don’t have dependents, there is little reason to purchase a policy that is designed to protect dependents once you pass. However, many Americans, who need this insurance, are lacking this protection! Take a look at why.

  • Cost
    Life insurance has the misconception that it’s too expensive to be affordable for every family. The rate is determined by your age, your health, if you smoke, the type of life insurance, the extent of coverage. Talk to your insurance agent to find the best rate for you – it is possible to get coverage within your budget.
  • Youth
    Millennials are notorious for thinking about future circumstances. While they may be healthy and young now, 5 to 30 years down the road, life insurance protection is incredibly valuable.
  • Current Assets
    What form are those assets in at the moment? If they’re liquid, your beneficiaries can convert them into cash should the need arise. If they are mostly non-liquid, such as real estate, your loved ones won’t have instant access to funds. Life insurance allows your loved ones to hold onto those non-liquid assets while providing them cash to pay off debts that require immediate attention.
  • Unpleasantness
    Most of us don’t like thinking about death (who would’ve known?). Almost 30 percent of people gave that as a reason for not buying life insurance. If your family is left financially strained after your passing, it will be severely unpleasant for them. Take action now.

Finding the right life insurance for you at the right cost is simplified by talking to the professionals at The Schwab Agency!

Tags:

Shares:

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