Insurance Services of Washington Blog
Sometimes some people are not motivated enough to get themselves a life insurance policy. Although you may purchase one for your loved ones, you may not be that motivated because you think you will not get any benefits from it yourself.
However, take note that there are still benefits that you can get from buying life insurance while the insured is still alive and well. Here are five benefits of life insurance that will definitely benefit you right away.
Once you have been approved by the insurance company for your life insurance, your families' protection is already 100% guaranteed. Thus, regardless how much cash you are keeping in the bank at this point, your family will already be protected. This means that you can actually spend some of your money guilt free since you have already secured your loved ones.
Many pension plans have a variety of payout options available to your at retirement. However, with life insurance, you can have better retirement with higher benefits. This is possible if you decide to attach the payment benefit to the life of you and your spouse for example.
As long as you qualify in all personal aspects like age, health condition and employment status, you should ask your insurance agent about the possibility of maximizing pension with your spouse. This can maximize your pension.
Your insurance may rightly provide for your medical expenses or at least reimburse them in case you happen to suffer from a critical illness. This is like an accelerated death benefit that you can avail of even when you're alive.
Do not underestimate how much this feature of life insurance can actually help you with your expenses. This can give you and the rest of the family the peace of mind that you need.
You have worked hard for so many years just to build your legacy so it follows that you should protect it from estate taxes and other natural and man-made disasters. Buying life insurance in order to protect your property and assets gives you security for the rest of your life.
Peace of Mind
Safety and security always bring about peace of mind. There is no amount of money that can ever equal peace of mind. Besides, you need not buy life insurance twice. You can have two or three homes but still that cannot give you as much guarantee as life insurance.
Some Final Words
Getting a life insurance policy is not as simple as protecting your family. You are actually getting so much from it even if you are still alive. It gives you a guilt-free enjoyable existence while enjoying peace of mind.
At Insurance Services of Washington Inc., we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. To learn more about how we can help you, please contact our agency at (425) 868-1123 or Click Here to request a free quote.