The death of a family member is a devastating event that no one can plan for. Term life insurance gives family members extra flexibility and financial comfort, allowing them to focus on recovery and coping with a loss without worrying about extra stress from financial concerns. It also gives the insured peace of mind, knowing that their family is taken care of if an unexpected event occurs.
Term life insurance provides maximum financial benefits to family members while requiring minimal payments and taxes when benefits are distributed. If a disaster occurs, term life insurance gives your family tax-free benefits that they can use for right away for immediate financial relief.
If the key provider for your family passes, term life insurance provides a vital safety net. Family members can use term life insurance benefits to keep the family home and make mortgage payments, fund children’s education, or cover everyday expenses when the primary breadwinner’s income is no longer available. Term life insurance also gives you flexibility, with the option to convert to whole life insurance as needed.
Call The Lewis Financial Group at 866-709-5206 today to learn more about term life insurance and speak to an insurance professional to see how your term life insurance plan can be tailored to meet your needs.