93% of Americans believe that life insurance is a necessity.
3 out of 10 households are uninsured.
That means 35,000,000 families don’t have the coverage that they need.
2/3 of Americans believe that having insurance provides peace of mind.
Why Buy Now?
A. Needs change throughout life.
- Rates increase with age, health and other factors.
- Smoker rates increase by around 20% or more.
What Do You Want To Cover?
A. Funneral Costs
The Average funeral can cost $20,000. Plus, will your family be able to cover these expenses? Or will they need help?
B. Income of Deceased
7 out of 10 families are dependent on 2 incomes.
40% say they would have trouble covering immediate day to day expenses following the deaht of a spouse.
10x Recommended coverage is ten times gross income.
Take Needs & Reasons for wanting coverage (funeral costs / income) to determine amount and type of policy desired.
Supplies coverage for a specific amount of time, often 5 – 30 years.
Lower Premium / Larger Face Value – there is no cash value, this is strictkly an insurance policy.
Premiums won’t change during the original term of the policy.
B Whole Life
Offers coverage for your whole life.
Bigger Payment / Growing Investment
You can access cash through loans or withdrawals.
Premiums can increase over time.