Allstate - David Colella
Allstate - David Colella
The Colella Agency
34 York Street
Guilford, CT 06437
P:(203) 453-9981
F:(203) 453-1846
You want to protect what matters most in your life: your loved ones. With life insurance, you help to ensure that the financial needs of your family are met in the event of your death. This means peace of mind for you now, knowing your family will be secure in the future.
Who Needs Life Insurance?
You need a life insurance policy if anyone depends on your income or stands to inherit a financial burden in the event of your death.
The money your dependents will receive, “the death benefit,†can help pay essential day-to-day expenses, such as mortgage and medical bills, and help your family reach longer-term goals such as your children’s college education. Plus, life insurance can help ensure that your loved ones are not burdened with debt or forced to sell assets to pay outstanding bills or taxes.
How Much Insurance Do You Need?
This depends on a few factors. Generally, the rule of thumb is 7 times your salary; however, as life changes, your insurance needs might, too. It’s a good idea to reassess your needs annually to make sure you have enough to properly protect your family.
Beyond protection, life insurance can be the cornerstone of your family’s financial security by providing savings and wealth transfer opportunities. In fact, the very first step in selecting life insurance is to decide how you want the insurance to work for your family.
When you’re ready, I can help you determine the amount of protection you may need and the type of insurance that’s right for you.
Copyright 2010 Allstate Insurance Company. All rights reserved.
Votes:35
Comments: 0