Good morning everyone my name is Mark – a lot of people call me Didz! I’m a Financial Advisor with Philam life, and today we’re going to talk about the importance of life insurance. But before that here are some facts! If you want to live a long and happy life? That’s easy! Just avoid any of these life-threatening situations. Do not sleep on your bed. Falling out of bed kills 450 people annually. Avoid vending machines. They kill 13 angry people every year, and ants, they cause 30 deaths per year. so if you see them? Run! But, gently and slowly because 6 runners die per year during competitions.
So, just stay at home but try not to move. According to safewise.com, 120 000 deaths occur from accidental injuries at home. Water alone kills 800 people. And, not to mention heart disease, respiratory, stroke, cancer, unintentional injuries. If you think you can avoid this? Definitely, you can increase your chances of leaving a long and happy life. The truth is, the only way that you can protect yourself is to make sure you can continue to provide for your loved ones no matter what happens even if you are one of 200 people killed by deer every year. Life insurance is your safeguard that will protect your family financially if you are no longer there to support them.\
Life Made Simple: Term Life Insurance | Allstate Insurance
A life insurance policy provides a lump sum of money that is paid to your beneficiaries upon your death, and it can be used for lost income, funeral expenses, bills, funding your child’s college education, and more. There are two major types of life insurance: Term life – coverage is only for a specified period of time. Whole life – also known as permanent life will cover you from the time you are insured up to the age of 100, and this includes a savings or investment component that can be used to pay for your premiums or for your personal needs Life insurance is not just about dying it provides a lot of living benefits too.
And, these are Accident and Health – If you meet an accident that resulted in disability your insurance can replace your income for a certain number of months, and depending on your plan it can also pay for the cost of your accident including hospitalization. Critical Illness – this is not just about cancer! Most insurance companies, cover 36 56 and even 100 critical illnesses, and if you want to find out what these critical illnesses are kindly visit the link below. Want to know more about life insurance and why you should have it?