You’ve worked very hard to get where you are today. You’re successful in your career, you have a beautiful home and are part of a wonderful community, and your family is your world. You are living the AMERICAN DREAM!
But have you taken steps to make sure your American Dream does not become a nightmare for those you love most if something unfortunate happens to you or your spouse?
Yes, we are talking about life insurance—something many people hate to think or even talk about because they feel there is no immediate benefit. In the event of a tragedy, what is critically important for anybody who has someone who depends on him or her financially is to provide for their continued Standard of Living (SOS). Life insurance proceeds can do many things, from covering funeral costs and ongoing living expenses to paying off outstanding debt, including credit cards and the mortgage, and even financing your children’s education.
There are a number of types of life insurance available to Texas residents, but they generally fall into one of two main categories: term life insurance and permanent life insurance. Term insurance is the most affordable type of insurance when initially purchased. It provides coverage for a specified period of time (the “term”) and generally pays a benefit only if the insured dies during that term. Permanent insurance provides life-long protection and the ability to accumulate cash value on a tax-differed basis as long as the policy is in force.
At Twin Creek Insurance, we’ve found that it makes sense to think about purchasing life insurance when something changes in your life – you get married, you have a child, you take out a (bigger) mortgage, or get a sizeable raise at work. And we’re happy to meet with you during these life changes or, for that matter, at any time, to help you determine your Standard of Living needs and explore what options might be best for you.
As a local independent insurance agency, we have access to many insurance companies and can work with these top-rated firms to find and tailor a life insurance policy that’s just right for you. So give us a call, request a quote online, or stop by our office so we can help you plan for your future and the future of those you love.