A recent news report cited 16.3 million Americans that were newly unemployed in July. Many of these Americans didn’t just lose a monthly paycheck; they also lost workplace benefits like life insurance.
Bridge the Gap with a Term Life Insurance Policy
In these precarious times, life insurance can offer peace of mind. If you have recently found yourself without coverage due to unemployment, you do have options. Don’t simply give up the chance to provide for your family.
We recommend that you shop for a new term life insurance plan as quickly as possible, so that your premature death does not negatively impact your family’s financial security.
We also recommend that you assess your situation with a financial planner, so that you can be sure your family is protected during a period of unemployment.
With Low Cost Life Insurance, it’s Simple to Plan for Your Future
We can help you calculate the amount of life insurance coverage you need and the length of time you need your life insurance protection. A general guideline for the amount of life insurance needed is 10x your annual income. A general guideline for the length of time to maintain your coverage is to age 70.
Once you’ve made this decision, we will help you select the individual plan that works best for your family. The three things we look for in identifying the best policy for you are as follows:
– Lowest possible price.
– Policies underwritten by a financially solvent insurance company.
– The underwriting profile. Based on your individual underwriting profile and prior health history, we select the company/product we expect to have the lowest cost.
Please know that during these challenging times, the team at Low Cost Life Insurance is here for you. If you have questions about a policy, or if you are interested in term life insurance, please call at 1-877-794-TERM (8376). We hope you and your family are well, and we look forward to speaking with you soon.