Life Insurance can be used to:

• Make provisions to take care of your family after you are dead, guaranteeing that your family will continue to receive income.
• Give your survivors choices about their future - if you own a home, your life insurance might pay off the mortgage so your family can stay in the house rather than being forced to sell it.
• Provide an income to let your family maintain its standard of living and cover everyday expenses such as groceries, bills, rent, the mortgage, etc.
• Set at least enough money to take care of your final expenses so your loved ones won't have to worry about these costs.

Life insurance can also be used to:

• Supplement your retirement.
• Help cover the expenses of raising your children.
• Help pay for your children's education.
• Preserve your estate.
• Safeguard your home mortgage.

Did you know... Most people who have insurance coverage don't have enough.

• The U.S. Justice Department calculated compensation to meet the needs of families of victims of the September 11, 2001 terrorist attacks.
• The government recommended approximate payments of 12 times income for couples with no children and 20 times income for households with children.
• The average life insurance need is about $459,000, but the average amount of life insurance owned is $126,000. The average underinsurance is more than $300,000.
• More Info:The Need and Value of Life Insurance