Though you may not want to spend any extra money on life insurance, the truth is that it could be a big mistake. Life insurance is meant to give you peace of mind to help your family after you are gone.
However, it is more than that. Here are many reasons why you need life insurance.
Your family will get a lump sum of money after your death. Your beneficiaries will get their money in order to help them through difficult times. They will have the money to pay for your funeral, as well as keep their life going while dealing with their grief.
If you were the primary breadwinner (and even if you aren’t), this money can help replace your income. It can help them keep up with their bills, including your mortgage, health care, electricity, and everything else. This will give them time to grieve before having to figure out how they are going to pay for everything without you.
It is tax-free. If your policy is for fifty thousand dollars, your family will get all of it. They won’t get taxed and lose some of that money to the government.
If you don’t want to worry about your family when you are gone, you need to get life insurance. They will get a lump sum of money to keep their bills paid, while they are dealing with their grief. Even better, it is tax-free, so they will get all of it!
If you want to make sure that your family is protected, in case of your death, you should contact Cross Creek Insurance in Hope Hills, NC. We will make sure that you have enough life insurance to help your family.
Hope Hills, NC area small business owners can rely on the folks at Cross Creek Insurance to help them secure the necessary policy to protect their businesses. We believe that business ownership is an important part of our community, and are dedicated to helping those in our area get the insurance coverage they need.
Protect your business with the right commercial policy
Protecting your business from loss and liability is a job for any successful business owner. There is a lot that can go wrong when it comes to running a business, and it only makes sense to have the right commercial policy in place.
As businesses grow and become more successful, their insurance requirements can change. It’s important to review all commercial policies at least once a year, if not twice. Making sure that your commercial policy is keeping pace with company needs is often a task that is overlooked or left undone.
Savvy business owners take the time to review all of their insurance protection needs on a regular basis. If their reviews reveal any gaps in coverage, they take the steps necessary to fill them. When a company has the right comprehensive insurance policy in place, owners and managers can focus on keeping the company thriving. There is no reason to have insurance coverage that lags behind a company’s needs.
If you are unsure if your company has the right insurance in place, now is a great time for a policy review. Protect your company with the right policy.
Now is the perfect time to review your options!
Cross Creek Insurance is here for business owners in the greater Hope Hills, NC area. If you want to protect your business with a comprehensive commercial policy, give us a call today.