Even people who have already obtained Missouri life insurance should take the time to look over their policy during Life Insurance Awareness Month.
Hannibal, MI (PRWEB) September 28, 2011
Trust GDC operates locally, offering the life insurance Missouri residents need to protect their families and finances in the event of a tragedy. While some people may question the benefits of having a secure policy of this type, the team at Trust GDC would like to raise awareness for this issue during September, which happens to be Life Insurance Awareness Month.
The following are several reasons why individuals shouldn’t wait until it’s too late to learn the importance of obtaining Missouri life insurance:
- In the case of death, even if it is unexpected, life insurance will help provide the financial means that the deceased person’s family needs to pay for their loved one’s funeral expenses and lost income.
- Term life insurance that matches the time span of an individual’s mortgage can help protect his or her home so that family members will not suffer from it being taken away by the bank.
- Some whole life policies allow access to death benefit funds if the insured experiences a chronic or terminal illness during their lifetime.
- A number of states protect money that has been set aside in whole life plans from creditors or and in the case of lawsuits.
Many people do not consider purchasing life insurance until they have children, but the longer they wait the more expensive and difficult it may be for them to obtain the best possible policy. This is because young, healthy individuals can typically become approved for life insurance at lower premiums, compared to those who wait until they are older. Even people who have already obtained Missouri life insurance should take the time to look over their policy during Life Insurance Awareness Month. If their marital, parental or employment status has changed since they last updated their plan, it may be time to reevaluate their life insurance needs.
About Trust GDC:
For 128 years and counting, Trust GDC has been dedicated to creating long-term relationships with its clients and companies the agency represents. Providing a combination of business strategies, insurance and risk management, with integrity and trust, has lead Trust GDC to evolve into a most well-respected Missouri insurance agency. Striving to act in their clients’ best interest through professionalism, ethical business practices and continual education, Trust GDC also serves the diverse insurance needs of Illinois and beyond.