There is a policy available for Arizona residents that gives their families a new level of protection from The Insurance Team. If you are interested in offering a final gift to your loved ones even after you have passed, it may be time to discuss life insurance.
This policy is designed to pay out to your loved ones or listed beneficiaries at the time of your passing. It is critical to have this implemented as soon as possible because accidental deaths and unexpected events can happen and leave your family without you or your income.
When you write out your policy, you can leave the funds in the policy for several different things to help your loved ones with financial obligations.
Any funeral services or expenses that are due at that time can be paid with your insurance policy. Your loved ones can mourn without having to come up with additional funds to pay for your services.
If you are currently carrying any debt on your home or other property, you will want your policy to be large enough to cover this amount. Should you not leave behind the funds for this debt, your family will have to either pay it to keep the property or be forced to return it to the lender.
If it has always been your goal to leave a financial gift behind for those you care about the most, you can do that with a life insurance policy. You can leave funds for vehicle purchases, home down payments, or even college tuition.
Our agents at The Insurance Team are ready to help you with your life insurance policy. Call us today to get your personal quote and answer any questions.