Down South, we celebrate the lives of those who pass with parades and music. We understand our friends and family are with us only a short time, and during that time, our own lives are enriched by their presence.
However, the traditional jazz funeral is only the beginning of mourning for the family of the deceased. What lies ahead are difficult decisions about how to carry on in a very real sense without the beloved. These real-life concerns - bills that must be paid, funeral expenses, even future funds for children - add an additional layer of stress and grief to the mourning period.
Life insurance eases the burden of those left behind after the death of a loved one.
A number of factors to consider in determining how much life insurance could be appropriate for you including:
- Who depends on you for their well-being?
- How much do you earn yearly? One rule of thumb is to think in terms of insurance coverage representing 5 to 7 times your annual earnings, after taxes. That way those left behind will be supported while they get back on their feet.
- What debts do you have? If they can be paid off with life insurance proceeds, it can take a burden off your family.
- How close you are to retirement? Generally, the closer you are to retirement the less life insurance you might need.
At Eustis, we spend time getting to know our clients in order to better understand their life circumstances. Our insurance specialists guide clients through the difficult decision-making process today so loved ones won’t struggle to get back on their feet later.
We’ve also spent decades building relationships with top-rated insurance providers. These relationships enable us to offer you different insurance product options to fit both your needs and your budget.
Through careful planning, we can make life insurance less scary and more useful for you and your loved ones.
Call us today to find out more about this valuable protection benefit.