Life insurance should be reviewed every two to five years and in anticipation of a major life event.
Boise, Idaho (PRWEB) August 08, 2013
LifeSource Direct, a national online insurance brokerage, announces its support of Life Insurance Awareness Month for the month of September 2013. Life Insurance Awareness Month helps educate Americans on the many benefits of having life insurance. Through its "Be a Hero Campaign," LifeSource Direct continues to lead the industry with the simplest online insurance calculator and shows how easy and affordable it is to provide life insurance protection for one's family and loved ones.
LifeSource Direct, through Life Insurance Awareness Month, is asking people from all walks of life, to take the time to assess what the impact would be on their families and businesses if something should happen to them. Would there be enough money to cover the monthly bills, the mortgage, and the business operating expenses? These are extremely important questions that all families and businesses should ask.
A spokesperson for LifeSource Direct stated that, "Life Insurance should be reviewed every two to five years and in anticipation of a major life event such as marriage, birth of a child, or the startup of a business." They further state that "In addition people need to address the first time purchase of life insurance as a necessary and critical requirement of proper estate planning."
Most people fail to realize the potentially devastating financial impact that the loss of a breadwinner can have on a family. We insure our homes, cars, boats, and health, but in too many cases, not our lives. A person making $50,000 per year, would need a $1,000,000 policy to provide that same income for their family for the next 20 years in the event of premature death. If a life insurance policy was in place, that family could carry on with their lives, dreams, and aspirations for the future. If not, all could be lost. Through LifeSource's no medical exam life insurance program, individuals can purchase up to $350,000 of life insurance on line and instantly on line at a competitive rate. This product does not require medical exams, blood draw, or urinalysis. A series of questions on the application determine if you are eligible for this coverage. If more coverage is needed than $350,000, fully underwritten products are available.
No medical exam insurance fits a growing segment of the insurance market for individuals whose work schedules don't allow for a medical exam, or who are adverse to needles and having to provide blood samples. In addition, it is a quick and easy way to provide insurance for key man insurance for small business company executives.
About LifeSource Direct
LifeSource Direct ( http://lifesourcedirect.com ) was formed to create a dynamic, state of the art, direct sales life insurance company backed by an experienced and professional staff. Incorporating the latest cutting edge technology with one of the best consumer support staffs in the industry assures a simple and easy process for purchasing life insurance. LifeSource Direct works with top rated insurance carriers including Prudential, SBLI, Banner Life, MetLife, Lincoln, Nacolah, Transamerica, ING, Genworth Financial, and many more. LifeSource Direct works with thousands of people every year to help them find the right term life insurance at the right price. In addition LifeSource Direct offers many ancillary products such as complimentary RX discount cards.