Posts Tagged ‘Life Insurance’

You can’t hide from responsibility

Friday, March 9th, 2018

Abraham Lincoln once said, “You cannot escape the responsibility of tomorrow by evading it today.” Although I’m sure he wasn’t talking about insurance at the time, it points out the importance of insurance and planning ahead.

Take a moment to stop and think about insurance. Why does it exist? What is its purpose? Believe it or not, there is actually a much better reason for insurance than getting in trouble if you are caught driving without it. From auto insurance, to home insurance, to life insurance, and commercial insurance, these products exist to protect you and your family from financial heartache!

The driver who hits a patch of black ice and totals their car, and crashes into others; Auto insurance helps cover the cost of damages. The recently widowed mother with a mortgage and a car payment; Life insurance keeps the family in their home. The small business owner who is getting sued because someone slipped and fell in their store. Commercial insurance helps pay for costs. In all of these cases, planning ahead and obtaining the proper insurance helped tremendously, not only financially, but with peace of mind as well.

Now, think for a moment if none of these examples had insurance. The driver doesn’t have the money to pay for any of the damage. Not only can the driver not pay for damage to anyone else, but loses their car and can’t get to work to make money to help pay! The recently widowed mother, without the help of life insurance, falls behind on home and car payment and loses both, on top of losing her husband! The small business owner gets sued, and loses his business because they can’t afford all the legal fees, on top of what they may owe the customer who fell. All three examples learned the hard way about what Abraham Lincoln said. You cannot hide from tomorrow’s responsibility by not planning for it today!

Even though these are three made up examples, unfortunately situations like this occur every day. Remember, you cannot plan ahead after an event has already happened. Thinking about different types of insurance may seem overwhelming, or, in the case of life insurance, you may not want to talk about it at all.

Luckily for you, we have a team of great agents who can help walk you through the process, and help find the best policies that fit your needs. So please don’t sit back thinking you’ll “get to it tomorrow” or “I’m too busy” or “it’s too expensive” because you never know when you may need it. That’s what planning ahead is all about.

 

As always, feel free to contact us: 800.789.5940, or Request a Quote online to see what discounts you are eligible for!

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Life Insurance – Why you should have it

Thursday, July 20th, 2017

For this blog entry, we wanted to reach out to those of you who don’t have life insurance, and don’t think you need it. If you are younger, you probably think (like most young people do) that you are fairly invincible and won’t die for a long time so what’s the point? Or, we have heard the idea of, “who cares what happens after I die, I won’t be around anyways!” Or maybe you are somewhere in between those two thought processes and would like some more information.

Let’s start off with the first idea, the “I’m young and invincible” thought process. Hopefully, you are right and have a long, happy, healthy life ahead of you! This is the PERFECT time to start a life insurance policy! Young and healthy means less in premium to pay, but that’s not the most important aspect of what a life insurance policy can do for you. When most people think of life insurance, they think of term life insurance that lasts a specific amount of time (anywhere from 10-30 years) then if you die, your beneficiaries receive the death benefits in the form of a tax free cash payout. However, there are life insurance policies available that actually build up cash value during your life span, and you can take funds from these plans as you get older. The funds are not only available as a death benefit to your loved ones, but they are available to you as a living benefit to help with income as you get older! How awesome is that? Why not get a head start planning for your future now? It doesn’t cost too much and you won’t regret it when you get older.

Now to the other end of the spectrum, the “I don’t care” attitude. All too often you hear stories of families where one spouse dies unexpectedly and, because no one was planning for this, the surviving spouse (and possibly children) are left scrambling with what to do. Not only is there the process of trying to plan an unexpected funeral, which can cost a lot of money, but also trying to figure out what to do for money. There is a mortgage to pay, car payments, credit cards, cable bills, water, sewer, electric, trash, countless other bills, including food budgets, clothes, and everything else that goes into our daily lives that we don’t think about all that much. So, then houses are sold, kids are moved to different schools, and life gets very hard for the surviving spouse and family. If you wouldn’t like to be left in this situation, why would you do that very thing to your loved ones?

For everyone in the in-between category. Life Insurance is simply a great “last gift” to give your family after you pass, ensuring that there aren’t too many hardships placed on them after you are gone. You will allow your family to be able to grieve your loss, without worrying about financial issues which can be so stressful that people just completely shut down. It really can be a life saver for you and your family.

So please, start the conversation with your loved ones and give us a call to help. Whether you are looking for income later in life, or want to ensure your family doesn’t go into financial ruin after you are gone, we can help point you in the right direction and find a policy that works best for you and your loved ones.

To find out more about life insurance, find information on our website HERE and HERE

 

As always, feel free to contact us: 800.789.5940, or Request a Quote online to see what discounts you are eligible for!

Remember to follow us on Facebook, Twitter, and YouTube to stay up to date with the latest from the Johnson Insurance Agency!