Who Needs It?

If someone will suffer financially when you die, chances are you need life insurance. Life insurance provides cash to your family after your death. This cash (known as the death benefit) replaces your income and can help your family meet many important financial needs like funeral costs, daily living expenses and college funding. What’s more, there is no federal income tax on life insurance benefits.

Most Americans need life insurance. To figure out if you need life insurance, you need to think through the worst-case scenario.

  • If you died tomorrow, how would your loved ones fare financially?
  • Would they have the money to pay for your final expenses (e.g., funeral costs, medical bills, taxes, debts, lawyers’ fees, etc.)?
  • Would they be able to meet ongoing living expenses like the rent or mortgage, food, clothing, transportation costs, healthcare, etc?
  • What about long-range financial goals?
  • Without your contribution to the household, would your surviving spouse be able to save enough money to put the kids through college or retire comfortably?

Whether you’re young or old, married or single, have children or don’t, take a moment to consider how life insurance might fit into your financial plans. Check out our life insurance needs calculator.

My Life Stage Is:

I Want to Protect:

Contact us for a FREE Personal Financial Review!
The Tax-Free Retirement Engine…An American Story
The Tax-Free Retirement Engine…An American Story
Posted 12 years ago

Nearly a hundred and eighty years ago an American engine was built to make special financial benefits available to all citizens. It was perfect. It worked. It was risk and maintenance free. It had inherent social and tax benefits that remain sacred today.

WHAT IF?
WHAT IF?
Posted 12 years ago

You may need money NOW to avoid bankruptcy; to stay in your home and avoid foreclosure; to continue your children’s education...

Steve Job's Legacy and the Alliance Story
Steve Job’s Legacy and the Alliance Story
Posted 12 years ago

I’ve been doing a good deal of thinking about the “storied” success of Apple, Steve Jobs legacy, and how it relates to our industry and the Alliance Group’s purpose and belief.

'Tis the season to…buy your kids LIFE INSURANCE!
‘Tis the season to…
Posted 12 years ago

It’s that time again…the holidays are quickly creeping up on us. Are you prepared? Have you gotten all of your shopping done? Can’t think of what to get the people who seem to have everything? How about your children or grandchildren…got them squared away?

If not, here’s a suggestion: Life Insurance.

PreviousNext