There are three financial needs your family will likely have should you die unexpectedly:
1. Final expenses
Unpaid medical bills, attorney’s fees, credit balances, taxes and funerals can be expensive. Family Life Protector or Golden Advantage Protector can be used to help pay some of these expenses. Even if you currently have insurance, it may not have the buying power it did when you first bought it. And with today’s rate of inflation, it will have less in the future.
2. Housing expenses
Loss of income due to death or disability sometimes causes families to move or lose their homes. Depending on the plan you choose, Family Life Protector or Golden Advantage Protector can help provide enough cash for your family to make mortgage or rent payments for a few years to relieve some financial pressure.
3. Replacement income
With Family Life Protector or Golden Advantage Protector, when your income is lost, your family can use the benefit to help replace income, giving them time to adjust financially.
Deciding to protect your family now will ensure that loved ones will have cash when they need it most.
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