4 Reasons Why You Need Life Insurance

Life insurance is one of the best ways to demonstrate how deeply you care for your loved ones. A common misconception is that life insurance is only necessary for wealthy families, but that isn’t true.

Here are four reasons why you need life insurance:

1. Life Insurance Can Enable Your Child to Go to College

Did you know that a whole life insurance policy can be cashed in when your child is ready to go to college? Even better, your whole life insurance policy benefits don’t need to be claimed as income on your child’s student loan application. Talk to your life insurance rep at AHI Group serving Olathe, KS to learn how it works.

2. Life Insurance Can Give You Cash When You Need it Most

Another reason to have a whole life insurance policy is its protection against life’s financial emergencies. You can borrow against your whole life policy without cashing it in—for any reason—including times when you have an emergency and need a life raft to get through a temporary financial setback.

3. Life Insurance Helps Your Family Survive

A term life insurance policy serves as an important resource for your family after your passing. With a policy like this in place, your family, their home, school and livelihood can all be safeguarded despite losing a primary source of income for the family.

4. Life Insurance is a Safety Net

After your passing, your family needs time to grieve. They may need to take time off work as they work through their emotions. The life insurance policy you provide gives your loved ones the safety net they will need as they cope with their loss, without having to fear lost wages.

Reach Out To Us

There are several life insurance options to consider. Contact AHI Group in Olathe, KS today to learn which kind of policy is right for your needs.

Is a whole life policy the right option for your family?

AHI Group is proud to serve the insurance needs of our friends and neighbors in the greater Olathe, KS area. Life insurance can provide useful protection for families to have in place. If you are wondering which type of policy is right for your situation, we are here to help. 

Are you considering a whole life policy for your family?

The main benefit of choosing a whole life policy to protect your family is the benefits that are available during your lifetime. Because this type of policy has a cash value in addition to its death benefit, it is often a top choice for families. This cash accumulation can help take care of many major life expenses for both you and your family.

If you are planning to pay for your children’s college education, or are looking for an effective way to boost your retirement savings, a whole life policy is an effective choice. Additionally, the funds associated with these types of policies can also be used for exciting purchases like a vacation home or to cover the wedding expenses for a family member.

Parents who want to protect their young families with a permanent policy can feel comfortable selecting a whole life policy. If you aren’t quite sure if this type of policy is right for your needs, it’s time to sit down with a local agent who can provide additional information. 

Call or stop by today to learn more!

If you are a resident in the greater Olathe, KS area, the team at AHI Group is here to help you with all of your insurance needs. Finding the right life insurance policy to protect your family doesn’t have to be an ordeal. Give us a call today and let us help!