Why Consider Denver Life Insurance
According to the latest information, most people do not have enough life insurance. Only 6 out of 10 people have even considered life insurance, and many who do have life insurance don’t think they have enough. 70% of households with children say they are just barley meeting needs. But what would happen to those families if income was lost due to the death of a spouse?
Over 80% of Colorado residents over-estimate the cost of life insurance. In reality, life insurance is very affordable and provides your family with financial peace of mind upon your passing.
Benefits of Life Insurance
- Payment on Debt – If you have any outstanding debt (like a mortgage) at the time of your death, it does not go away. Your estate will still be responsible to settle all accounts.
- Continuation of Income – Life insurance can provide the funds to replace your income upon your passing. Family income will certainly diminish, and there’s a very good chance that your family will experience a lower standard of living.
- Unpaid Medical Expenses – It is highly likely that you will have medical expenses prior to your death; some of which may not be covered by health insurance. Adequate life insurance proceeds ensure that these final expenses are well taken care of.
- Funeral Expenses – Most people don’t plan, or fund, their funeral expenses; again life insurance is there to help.
If a business owner has family members who depend on the income from a business, which might not continue if he or she were suddenly gone, the proceeds from company-owned life insurance could help replace the lost income and help protect the family’s quality of life while they adjust and move on.
At DCInsurers – Mountain, we work individually with every client to ensure that no questions remain unanswered and no gray areas are left before a policy is signed and comes into effect.
Source: LIMRA’s Life Insurance Barometer Study 2013
Source: LIMRA’s Life Insurance Barometer Study 2013
