September is Life Insurance Awareness month, which is why we wanted to share with you a few reasons why it’s important to have life insurance. There is no doubt about it that it’s the most important insurance to have, especially if you own a home and/or have a family. So let’s dive into it and find out why you should get it, if you don’t have it.
Burial Costs: The cost of a funeral can add up quickly and it’s a financial burden you don’t want to leave your family to figure out how to pay for. Life insurance can provide them with the finances they need to cover the costs.
Cover the loss of Income: If you have a significant other, chances are the loss of your income could be a heavy hit for them. By having life insurance, it can help ease that hit as well as help support them during their grieving time.
Help with Children: If you have children, life insurance would help provide a way for your significant other or guardian to cover the costs of caring for them. There are a lot of expenses that revolve around children, from day to day costs to paying for education.
Cover Debts: Do you have debts? Or do you have a mortgage? If so, they are not going to go away once you pass away. Don’t leave that heavy burden on your family. Make sure they have what they need to pay off all of your debts.
As you can see, life insurance is very important to have so that your family doesn’t struggle financially when you pass away. It may seem easier to push it off, as it’s hard to think about when you are younger, but if something terrible happens suddenly, being prepared can help ease your families financial worries.
Rothenberger Insurance Services is a full-service insurance company that specializes in all personal and commercial insurance services. We are located in West Reading and help many individuals and businesses in and around West Lawn, Wyomissing and Reading.