Life insurance is one of those things that no one wants to think about, but it’s vital coverage to have. If you’re no longer around to provide for your family, you need to know they’re taken care of after you’re gone. Think of life insurance as a financial safety net for your family.
The amount of coverage you need will vary depending on your age, your profession, and your family’s financial need, and there is significant variation among the types of coverage available and the provider you choose. At Click2bind we will compare, multiple policies from competing carriers, side by side to ensure that we find the one that’s best for your situation.
Life insurance provides your family with security so that they can remain financially solvent when you die. It’s meant to be a substitute for your salary and financial support. The funds can be used for anything, though typically reserved for the following:
Full disclosure: if you’re single and no one in your life depends on your income, then you probably don’t need to purchase life insurance. The people who need it are the ones who are earning an income that supports dependents. Even if your spouse is working, it’s wise to evaluate whether your spouse’s salary will be sufficient to support the family if you’re no longer there.
Let’s say you and your spouse are in your mid-forties, and you have two kids that are teenagers and getting ready for college in a few years. You’re the primary income earner, and you’re interested in accumulating cash quickly so that your children’s college dreams won’t be crushed if you die within the next handful of years. A universal life policy will help you build a nest egg that can be cashed out and used for tuition if you die prematurely.
As an independent agency, we have access to multiple carriers. We do all the research and comparison shopping for you, helping you lock in the most competitive prices while getting a plan that best fits your needs. We take a data-driven approach to find the perfect policy so that you have the coverage you need without paying for the things you don’t.
Our easy, do-it-yourself quoting platform provides you with multiple quotes in minutes. Just answer some questions and after a few CLICKS, you can BIND your policy!