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Life Insurance
Life Insurance
Life Insurance Info
Life insurance is a century’s-old concept . The sale of life insurance in the U.S. began in the 1760s. The Presbyterian Synods in Philadelphia and New York City created the Corporation for Relief of Poor and Distressed Widows and Children of Presbyterian Ministers in 1759; Episcopalian priests organized a similar fund in 1769.
By definition, life insurance is protection against financial loss in the event of death. Life insurance is especially important during the child-rearing years. If mom or dad dies life insurance can pay-off debts and secure the financial future of the family. Life insurance creates an estate. For a monthly payment a person can guarantee funds will be available for their family in the event of their death. Life insurance is a critical component of any family financial strategy.
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How much Life Insurance is enough?
The answer to this question is different for everyone. Below is a link to life insurance information that might help you find your answer. We can explain the application and underwriting process. We can help make sense of life insurance so you can make an informed decision.
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