We all know we should have life insurance, particularly if we have families and financial commitments. However, not many of us want to entertain thoughts about not being around to be with our families, so we tend to stick our heads in the sand when it comes to making provision for them.
However, there comes a time when you have to get sensible and take steps to build safety nets into your financial life. When you have kids, a mortgage, years of schooling ahead, and other trappings of normal family life, you need to think about how your family would manage if you and your paycheck were no longer around. Could they hold onto your Wisconsin home? Could the kids stay on at their current schools? Would there be money for college? When you start to ask these basic questions, it becomes very obvious that you need to have something in place to provide what you do now to maintain the lifestyle you’ve worked so hard to create.
There are a number of different options with life insurance and your Wisconsin insurance agent can help you work through the different types of policies. Ask questions if there are things you’re unsure of, and make sure the policy that is being recommended is the one that will offer what you need for your family’s long-term financial security.