Few debate "why" you should have life insurance. Deciding "when" can be a little more tricky. Many inaccurately assume that life insurance is only important as you get older. However, this couldn’t be further from the truth. In fact, owning a life insurance policy earlier is actually less expensive, allowing you to lock in premiums while you’re young. Life insurance is crucial throughout every stage of life.
Amy Tounget Insurance Agency LLC knows it should grow with you too. serving the greater Midlothian, TX community, our agents believe clients should routinely update and modify their policies to best reflect their current needs.
Here are the four life moments that call for an immediate review of your life insurance coverage:
Walking down the aisle is a financial union. If a spouse suddenly passed away, debt could stack up. Life insurance protects the surviving partner.
Buying a home
Most families need two sources of income when paying off a mortgage. Life insurance can supplement lost wages, enabling your spouse and kids to stay in their home even after you’re gone.
Having a baby
Sleep a little easier. While having a baby is stressful enough, life insurance is a security blanket. It ensures your newborn’s future is safe.
Retiring from work
Life insurance’s primary purpose is to replace lost wages. As you near retirement, this becomes less important. Social Security and pensions may be enough. Because of these benefits, retirement may be the perfect time to actually decrease your life insurance protection.
Give Us A Call
Let Amy Tounget Insurance Agency LLC in Midlothian, TX craft a policy that meets your needs at every stage of life. Schedule an appointment today.