☰ ˟
Send us a text: 269-339-0002 Language Selector
Logo Bulgarian Logo
  • Home
  • Get A Quote
    • Annuities
    • Automobile
    • Bonds
    • Business & CommercialImage of right arrow
      • Commercial Auto Insurance Quote
      • General Liability Quote Form
      • Business Owners (BOP) Quote Form
      • Liquor Liability Quote Form
      • Workers Compensation Quote
    • Farm
    • Flood
    • HomeownersImage of right arrow
      • Homeowners Insurance Quote
      • Manufactured Home Quote
    • Life
    • Motorcycle
    • Pet Insurance
    • Recreational Vehicle
    • Renters
    • Watercraft & Boat
  • Customer Service
    • AutomobileImage of right arrow
      • Request ID Card for Auto Policy
      • Request Declaration and Coverages Page for Auto Policy
      • Send Declaration and Coverages Information to Lien Holder
      • Add Vehicle to Existing Auto Policy
      • Remove Vehicle from Existing Auto Policy
      • Add Driver to Existing Auto Policy
      • Remove Driver from Existing Auto Policy
    • Business & CommercialImage of right arrow
      • Request ID Card for Commercial Auto Policy
      • Request Declaration and Coverages Page for Commercial Auto Policy
      • Add Vehicle to Existing Commercial Auto Policy
      • Remove Vehicle from Existing Commercial Auto Policy
      • Add Driver to Existing Commercial Auto Policy
      • Remove Driver from Existing Commercial Auto Policy
      • Request General Liability Certificate of Insurance
    • Earthquake
    • Flood
    • HomeownersImage of right arrow
      • Request Declaration and Coverages for Existing Homeowners Insurance Coverage
      • Request Evidence of Insurance
    • MotorcycleImage of right arrow
      • Request ID Card for Motorcycle Policy
      • Request Declaration and Coverages Page for Motorcycle Policy
      • Add Motorcycle to Existing Policy
      • Remove Motorcycle from Existing Policy
      • Add Driver to Existing Motorcycle Policy
      • Remove Driver from Existing Motorcycle Policy
    • Recreational VehicleImage of right arrow
      • Request ID Card for Recreational Vehicle Policy
      • Request Declaration and Coverages Page for Recreational Vehicle Policy
      • Add Recreational Vehicle to Existing Policy
      • Remove Recreational Vehicle from Existing Policy
      • Add Driver to Existing Recreational Vehicle Policy
      • Remove Driver from Existing Recreational Vehicle Policy
    • Renters
    • Watercraft & BoatImage of right arrow
      • Request Declaration and Coverages Page for Watercraft Policy
      • Add Watercraft to Existing Policy
      • Remove Watercraft from Existing Policy
  • Blog
  • Resources
    • Secure File Area
    • Refer a Friend
    • Important Links
    • Important Files
    • Insurance Glossary
  • About Us
    • About Allen Harmon Mason Selinger Insurance Agency
    • Our Locations
    • Employee Directory
    • Partners
    • Customer Testimonials
    • Privacy Policy
  • Contact
    • Contact Us
    • Join Our Newsletter
Home > Blog > Life Insurance Minimizes Risks to Dependents
THURSDAY, MAY 10, 2018

Life Insurance Minimizes Risks to Dependents

Life insurance provides a safety net to your dependents. These are individuals who depend on you for financial support.image of family gathering

If something happened to you, such as a car accident, and you did not make it, what would happen to your family? You may think they would do okay. They would move on. Yet, if you put aside the emotional component, consider the financials. What would actually happen to your loved ones in this situation? It may be hard to realize and think about. Yet, it is critical to understand this.

How Life Insurance Benefits Young Dependents

Individuals who have children or other young dependents often don't consider that those individuals have long-term needs. They need housing and food. Medical care and security also come into play. They also need schooling and payments for sports programs.

Because of this need, individuals should consider a longer, term life insurance policy. It can help to pay for all of a dependent's needs for a period of time. Consider the risks to them:

  • Could they maintain the same home and lifestyle?
  • Would they have to leave their current school?
  • Would these individuals be able to go to college without costly loans?

How Life Insurance Benefits Disabled Dependents

Other dependents are those who cannot care for themselves. These are individuals living in your home that you support. It may be a child with a handicap. It may be a senior, such as a parent, who is unable to work or live on his or her own. In these situations, these individuals also face risks without financial support from you.

  • Could they afford the medications they need?
  • Would these individuals have to live in facilities to provide their care? Could they afford the best?
  • Would they be able to live on their own, without the care you provide?

Consider your spouse, too. What would he or she give up or face if you were not there to provide financial support? It is very difficult to imagine this situation. Yet, focusing on it for a short while can open your eyes to the true needs your loved ones have.

Speak to your life insurance agent at 269.441.5156. Discuss what types of risks you and your loved ones face. Then, secure the right type of insurance policy to help them. Life insurance comes in a variety of types. There are plenty of options available. Solutions are available for hard-to-insure individuals. There are options for older adults, too. Find the coverage to give your loved ones the help they need.

Also Read: Permanent Life Insurance Offers Tax-Deferred Growth: What's That? and Why Every Young Adult Should Purchase Life Insurance

Posted 10:32 AM

Tags: life insurance, life insurance beneficiary
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012

  • insurance(32)
  • home insurance(25)
  • auto insurance(25)
  • business insurance(22)
  • tips(22)
  • coverage(21)
  • life insurance(20)
  • battle creek(14)
  • savings(12)
  • health insurance(9)
  • battle creek auto insurance(9)
  • battle creek home insurance(8)
  • battle creek life insurance(7)
  • battle creek car insurance(7)
  • safety(6)
  • battle creek homeowners insurance(5)
  • boat insurance(4)
  • general liability(4)
  • car insurance battle creek(4)
  • premiums(4)
  • auto(4)
  • commercial auto insurance(4)
  • auto insurance battle creek(4)
  • life(3)
  • costs(3)
  • winter(3)
  • workers compensation(3)
  • michigan(3)
  • health(3)
  • battle creek business insurance(3)
  • commercial auto(2)
  • policy(2)
  • protection(2)
  • homeowners insurance(2)
  • allen harmon insurance(2)
  • property insurance(2)
  • battle creek health insurance(2)
  • general liability insurance(2)
  • claims(2)
  • driving(2)
  • cold(2)
  • battle creek mi homeowners insurance(2)
  • home insurance battle creek(2)
  • homeowners insurance battle creek(2)
  • homeowners(2)
  • commercial(2)
  • battle creek bombers(1)
  • teen drivers(1)
  • workers(1)
  • compensation(1)

View Mobile Version
Facebook icon Twitter icon Google Icon Twitter icon
Allen Harmon Battle Creek | 230 N Helmer Rd | Battle Creek , MI 49037 | (269) 441-5156 Allen Harmon Rochester | 961 Oakwood Dr | Rochester, MI 48307 | (877) 205-0051
© Copyright. All rights reserved.
Powered by Insurance Website Builder