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Go Fund Your Final Expenses with Life Insurance!!

By Vince Davis, State Farm Insurance
Guest Column

I get it! In some cases having a Go Fund Me page to bury your loved ones is unavoidable. If you or your loved one did not prepare for their inevitable demise, then the burden will be left on someone else. Family, friends and the community often are required to, “pick up the slack.” 

We should, or parents should, purchase whole life insurance. The younger and healthier you are, the better the policy and lower the rate (generally). Parents should purchase a whole life policy on their children as soon as possible. That policy will grow in cash value and the death benefit will expand.
 


Vince Davis

When you or they die the policy can be used to pay our final expenses and provide additional living expenses for your or their family. The cash value grows over time. If you live long, there will be more cash value in the policy than you paid in.

We as adults are responsible for having the means/money or insurance to: care for, educate and, if need be, bury our children.  

If we pass away before (we think) it is our time and do not plan for it, then our family will be holding the bag/bills/burden.

People are dying.  We are not prepared for death in too many cases. Maybe we think that death will not affect us.  Death will touch all of us, one day. We pray that death does not visit us soon. However, your death will affect everyone that cares for you. Your death will impact everyone that you love.

·         Failure to prepare for one’s transition from this life will unfairly burden your loved ones as you transform to The Next Life

·         Life insurance is not as expensive as you might think;   

·         Generally life insurance is less expensive the younger and healthier you are when you buy it;

·         The price is locked in for the rest of your life when you buy Whole life Insurance;

·         The price of Whole Life Insurance will not go up and the coverage will not go down;

·         Life insurance is generally not an investment, but some policies accrue cash value

You can still purchase a reasonably priced life insurance policy, even if you are not young (in some cases).  Let’s get together and talk about: MAKING LIFE GO RIGHT. It is normally not in your best interest to cancel an old permanent life insurance policy to buy a new one. Do not cancel any policy with the anticipation of getting another. The new one might not get approved. Make sure you read the entire policy before accepting it. Make sure you get what you think you’re paying for!

www.vincedavisinsurance.com

419-244-2904

3344 Secor Rd., Suite A102

Toledo, Ohio 43606


 

 

   
   


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Revised: 12/13/18 08:02:12 -0500.


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