Even though you may think you’re too young, it’s really never too soon to get
life insurance in Carlsbad, CA. An accident or sudden illness can affect anyone at anytime, so it’s always better to be prepared. In addition to having a good estate plan, there are several reasons that you should also have a life insurance policy.
Cover Your Funeral Costs
You won’t want to leave a spouse or adult child saddled with the costs related to your funeral and burial. Having a good life insurance policy in place will give your loved ones the resources to cover those costs. Even if they have to pay out of pocket or upfront, the insurance policy will reimburse them for those expenses.
Avoid the Probate Process
When an individual dies, the assets listed in their will go through the probate process. Even if all of those assets aren’t liquidated to cover your debts and estate taxes, your assets will be tied up in this process for several months. Since your life insurance policy isn’t a part of the probate process, your beneficiaries can file that claim right away.
Provide Financial Relief
If you die unexpectedly, your family may be left without the household income. Having a life insurance in Carlsbad, CA, will ensure there’s a replacement source of income that will help your family stay afloat. This will give them a financial cushion until they can make other arrangements for their monthly income.
You can meet more of your insurance needs when you visit Serra Benefits & Insurance Services online at http://serrabenefits.com.