One of the most important financial decisions an individual can make in their lifetime is to purchase a life insurance policy. Many people avoid the process simply because it can be emotionally difficult and finding the right coverage is not as easy as it might seem. The good news is that Derby Insurance Solutions is experienced and passionate about helping you find the perfect Health Insurance Agent Tulsa policy for your situation—with plenty of support and a streamlined, no-hassle process.
Without a doubt, life insurance coverage is necessary for a healthy financial future for you and your family. Why is life insurance necessary? There are many important reasons, but the top five are:
- Life insurance provides financial protection for your family.
- Life insurance can replace lost income and pay off debt, including your mortgage.
- Life insurance can provide money for your children’s future education.
- Life insurance helps your loved ones avoid financial stress and worry during an already difficult and painful time.
- Life insurance can help pay for funerals and other end-of-life costs.
On the surface, Health Insurance Agent Tulsa seems pretty simple—whether whole, term, or universal—it provides money through a “death benefit” to your beneficiary when you die. Giving your loved ones access to money when they need it most is important—but what if you were able to purchase a life insurance policy that you didn’t have to die to use?
That might sound stranger than fiction—but it’s true! As the very first agency in Oklahoma to offer Life Insurance with Living Benefits, Derby Insurance Solutions has worked diligently for many years to educate their clients about the benefits of these life-saving policies that can bring peace of mind to you and your loved ones.
Taking Care of Your Family
Life insurance is a form of protection where you pay a monthly premium with the promise of a certain amount of money given to your beneficiaries in the case of a qualifying event, like death. It is an undeniable truth that when a spouse or parent passes away—whether unexpectedly or due to an extended illness—those individuals who have a Health Insurance Agent Tulsalife insurance policy in place leave their surviving loved ones in the best possible situation. What is not commonly known is that life insurance policies can help the living in circumstances that could be equally financially devastating, such as an accident, heart attack, illness, or disabling condition.
Unfortunately, there are many families every year who find themselves living though the worst-case Health Insurance Agent Tulsa scenario—grieving the loss of a loved one while also suddenly having no money to sustain the basic necessities of life. One Derby Insurance Solutions client was in her early thirties with three young children when her husband passed after a battle with cancer. Her husband had prepared well in having a rather large life insurance policy on himself before he became ill.
Thanks to his thoughtful planning, this client and her three young children were well taken care of after his passing because of that policy. They were able to stay in the family home, instead of having to uproot their lives and move somewhere else in order to survive financially.
Without that insurance policy, this young widow would have had to move in with her parents, so they could take care of her children while she worked full time. Instead, having their needs met without having to struggle for basic survival allowed this family to focus on each other and grieve their loss together, in the healthiest way possible.
The Ultimate Life Insurance Solution – Living Benefits!
Each person has a unique situation and circumstances, and the best life insurance coverage should be customized to meet their specific needs. For this reason and many others, Derby Insurance Solutions specializes in the ultimate life insurance solution: Life Insurance with Living Benefits.
For many years, Term Life Insurance policies have become increasingly popular as more people have opted to save money with specific Term coverage over standard Whole Life Insurance policies. While these policies are much more affordable and many of the world’s leading financial experts recommend Term over Whole Life Health Insurance Agent Tulsapolicies, there’s a secret that is just beginning to emerge—many companies offer the exact same policies, only with living benefits!
What are living benefits? In essence, these are life insurance policies that you don’t have to die to use! Should you have a life-altering, qualifying event, such as a heart attack, stroke, or battle with cancer, these benefits allow you to take out a cash disbursement from the policy to use for things that health and auto insurance won’t cover! Whether you need money to cover lost income, medical bills, or other necessities, Life Insurance with Living Benefits can be an amazing asset to have when the unthinkable happens.
No one expects to have a serious illness or accident. It’s often easy to become complacent and assume that you have plenty of time to get around to buying life insurance, when before you know it, a need arises and you aren’t prepared. Although life insurance might seem unnecessary and just an extra cost that isn’t as important as other expenses, having a life insurance policy can allow you to have choices that you may not otherwise have. You will have more freedom to do what is best for you and your family, without the concern of whether or not you can pay for what is important. You could pay off the balance of your mortgage or pay off other bills; you could take care of your children’s schooling or your car payment while you are unable to work. Having a Life Insurance policy with Living Benefits means that the choice is yours!
Life insurance is truly a necessity, not just something to “get in the future when the time is right.” The time to think about life insurance is right now! Unexpected events and emergencies happen to real people, every day—often to those who are young and healthy; who never imagined they could possibly need life insurance yet. Without a doubt, this is one of the most important financial decisions you can make, and with the added component of Living Benefits, it simply doesn’t make sense to miss out on the chance to purchase a life insurance policy! The Derby Insurance Solutions Team is ready and waiting to help you find the perfect life insurance policy for your needs. Call today and secure your future!
For more information about Life Insurance with Living Benefits from our Health Insurance Agent Tulsa, Call 918-451-9783.