You may find yourself asking, who should have life insurance or when is the best time to get it? Here are a few reasons you may want to consider looking into a life insurance policy.

You have outstanding debts. If you have outstanding debts, such as credit card debt or a mortgage, life insurance can help ensure that your loved ones are not burdened with these financial obligations if something were to happen to you. Life insurance can cover the debt so that it doesn’t become a problem for whoever steps into your shoes. Without life insurance, your family may be forced to sell assets or make drastic changes to their lifestyle to cover these debts.

You want to leave a financial legacy If you have specific financial goals or a desire to leave a financial legacy for your loved ones, life insurance can help you achieve that. For example, you may want to leave a lump sum of money to your children to help with college expenses or provide a financial cushion for them. Or, you may want to leave money to a charitable organization or cause that is important to you. Regardless of your reasons for wanting to leave a financial legacy, life insurance can help ensure that you are able to do so even after you are gone.

Overall, if any of these signs resonate with you, it may be a good time to start shopping for a life insurance policy. It’s important to consider your individual financial situation, goals, and needs when determining the right type and amount of coverage for you and your loved ones.

Contact us today if any of these reasons pertain to you!   (440) 834-4881