Life insurance appears to be a luxury until it becomes a necessity. Few are eager to discuss their own mortality yet we remain eager to discuss our hopes and dreams for our family’s future so let’s discuss that instead. Most people envision home and auto ownership, and children decked out in cap and gown, college degree in hand, as indispensable elements of their future goals. The choices you make today will secure your vision regardless of circumstances. Life insurance is not a luxury item; it is a necessary component to achieving your highest aspirations.
If life insurance truly is a luxury item, it is priced inappropriately. Never has there been a time that life insurance has been more affordable or easier to obtain. Your insurance agent will be happy to discuss your options for easily obtaining and retaining the right policy for your needs.
True luxury items rarely increase in value. A little-known truth about life insurance is that some policies actually gain cash value over time, value that can be borrowed against or otherwise leveraged to help you reach your goals. Life insurance is an investment from which you may personally benefit.