Life Insurance: Your New Year’s Resolution

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Life Insurance Your New Years Resolution
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• Can you believe we are nearing the end of
  the year? We are in the heart of the holiday
  season and for most of us, it really is the most
  wonderful time of year. This time of year we
  focus on what we are grateful for and spending
  time with our family and friends.
• As we enter into the New Year,
  everyone starts talking about their New Years
  resolutions. Whether we want to lose weight,
  start a new hobby, pay off credit card debt, or
  quit smoking, we shouldnt forget about one
  resolution that can easily be put off. Its a
  resolution that offers peace of mind and is large
  part of financial planning life insurance.

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• The New Year is a great time
  to think about buying life insurance.  We just
  spent the holiday season with our family and
  although we look forward to many more years of
  time with our loved ones, nothing is guaranteed.
   One of the most important duties you have is to
  protect your family.  Part of protecting your
  family is making sure they are financially secure
  if you were no longer able to provide for them.
   Thats what life insurance can do.
• Life insurance
  offers financial protection and provides
  financial stability to your loved ones when you
  die.  Knowing you have your life insurance policy
  in place can be a comfort to both you and your
  family.

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• Why do you need life insurance?
• If your family relies on your income, what would
  happen if you died? Would your family have the
  financial stability to maintain their lifestyle?
  Would the bills be paid? Would the mortgage be
  covered? Would your loved ones struggle
  financially? If the answer is yes, then you have
  a need for life insurance.
• Even if you dont have
  dependents, but have debt and/or student loans
  that are cosigned by your parents, you should
  consider getting life insurance to cover those
  expenses. The person who cosigned your loans
  will become responsible for the loan balance if
  something happens to you.
• If you have no debt and no
  dependents, then you may not have a current need
  for a life insurance policy.

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• What if you already have life insurance?
• If you already have life insurance, a perfect
  resolution would be to review your policy. Did
  you have any significant events over the last
  year that would warrant changes to be made to
  your policy?
• If you were recently married or divorced, you
  should look over your policy to make sure you
  have the correct beneficiaries in place.
• Do you have a new baby in the family? Raising a
  family is expensive. Review your policy and
  coverage amounts to allow for your growing
  family.
• If you purchased a home you will want to see if
  your coverage amount can pay off the mortgage.
• If you made positive health changes, you may want
  to re-apply to see if you qualify for better
  rates.
• Its easy to put off buying life insurance, but
  you never know when that day will come when you
  need it. Make it your resolution to check it off
  your list of things to do. Your family will be
  happy you did.
• .

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• If you are looking to purchase your first term
  policy, or want a new or additional policy, you
  can run as many free term life insurance quotes
  as you would like without giving up any personal
  contact information. Term life insurance is very
  affordable and great peace of mind for you and
  your family.
• Source https//www.quotacy.com/life-insurance-you
  r-new-years-resolution/

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