You think you have financially provided for your family, because you elected the life insurance option through your employer. Is it enough?
Life Insurance exists for the benefit of your loved ones who are left behind after your death. An insufficient plan may not only leave your family in financial debt, but it may not even cover funeral and burial services. It is important to know how much may be needed for future life protection, and to review any and all policies following any significant life changes.
The certified planners at Dreggors, Rigsby & Teal, P.A. can assist you with your life insurance needs as your life events occur. Marriage, the birth of children, higher education and the purchase of a home may signal the time to consider purchasing or upgrading a policy.
Additionally, life insurance is an important financial tool in business succession planning. A properly structured buy/sell agreement, funded through life insurance, can make business transitions simpler.
The investment in a good life insurance policy cannot be overstated, and its many uses may be unknown to either new policyholder or those who have had coverage years.
Know the benefits and advantages of your policy, and how it can work for you.
Contact us today with your life insurance questions.