Why Do I Need Life Insurance?

Why Do I Need Life Insurance?

Life Insurance is an uncomfortable conversation for anyone, and may be seen as an unnecessary expense. However, if you have dependents that rely on your financial support, Life Insurance is really protecting them in case something was too happen. Your designated beneficiary would collect a financial benefit upon your death.

Newlyweds Preston Newby and his wife Tara, decided to look into Life Insurance polices after discussing it with their local insurance agent. Life Insurance made sense for the Newby’s as they had a 19-month-old son and another child on the way. Unfortunately, the worst-case scenario became a reality a few months later with the death of Preston.

Thanks to the Life Insurance Policy the Newby’s purchased months earlier, Tara was able to pay off the family’s existing debt and provide for her two young sons after Preston’s death.

Whether you are 25 or 55, a Life Insurance policy gives you the peace of mind that should the worst happen, your loved ones will be taken care of. Even if you already have life insurance through your employer, you may be under insured. Call Midwest Insurance Group, 262-646-5777—we can work with you to ensure that there aren’t any gaps in your current coverage.