Life Insurance 101
Life Happens
No one really wants to think about life insurance. But if someone depends on you financially, it’s a topic you can’t avoid. Getting life insurance doesn’t have to be hard (or boring). We have some answers to common questions about life insurance so that you can make informed decisions about protecting your loved ones financially.
Why is life Insurance worth it?
These kinds of stories underscore just how important life insurance is if anyone depends on you financially. The good news is that there are life insurance policies to fit every situation and budget. And many people are pleasantly surprised to discover that life insurance is far more affordable than they imagined—and to learn that life insurance proceeds are almost never subject to federal income taxes. What’s more, some policies also have a savings component to help you grow your nest egg in addition to protecting the ones you love most.
In Good Times and Bad
Asia Schroeder first experienced the power of life insurance when her first husband, Peter, died in the line of duty. Later, she experienced living benefits when her family used the cash value to fund their gym. Throughout her lifetime, life insurance has provided her family with financial support. Click here to learn their story
It's a True Financial Lifeline
For Sara Mathews Dixon, life insurance has meant she and her three children don’t have to worry financially while grappling with the sudden loss of their husband and father from a heart arrhythmia. Click here to learn her story
We thought we Had a Lifetime
Kiristen says that her mom, M’Linda, is her role model: a strong independent woman who always wants the best for her children. That hasn’t been easy, though. Kiristen’s dad, Kenneth, died in a boating accident when she was just 4. On that fateful day, this young family’s world was turned upside down. Click here to learn her story.