Posted by: Richie Tags: windsor ct | Categories: Life Insurance
Men and women over the age of 50 with grown kids in college question whether they should have a life insurance policy. When you have adult children that are not yet self-sufficient, elderly parents who depend on your care, or debts, a good insurance policy is vital. When a working spouse dies, the loss of income alone puts your loved ones at risk too. Have questions? In the Windsor CT area, call the agents at Appleseed Insurance. Our job is to assess your situation and find the right policy at the right price for you.
Statistically, widows over the age of 50 are at risk of poverty because they are not able to receive Social Security, or the benefit amount does not meet their financial obligations. During the Social Security blackout period, a good life insurance policy can bridge the gap to offset the income loss. Do not forget that final expenses such as taxes, estate administration, funerals and debt settlement are terribly expensive today. Life insurance can cover these costs, which can easily reach tens of thousands of dollars.
The purpose of life insurance is to provide financial support to your dependents in the event that you are no longer around to do it yourself. If you don’t have any dependents, you probably don’t need to spend money on life insurance. For the personal, professional service and the lowest rates available, call Appleseed Insurance. We can help you find the information you need to choose the best life insurance policy for your family. Stop into our office or give us a call today at (860) 623-0079 for a consultation.