It is hard to prepare for disaster in your personal life. There are ways though to make sure a disappointing event does not cripple you or your family. In order to avoid financial catastrophe meet with a qualified local insurance agent to figure out how to find life insurance.
Life insurance is a contract between the insured and insurance company where the insurer promises to pay a designated beneficiary in exchange for a premium upon the death of the insured person. Other events such as terminal illness may also trigger payment. According to LIMRA’s Life Insurance Barometer Study 2013 85% of consumers agree that most people need life insurance.
According to the Genworth LifeJacket Study 2011 40% of Americans that have life insurance don’t think they have enough. They are setting themselves and their families for issues if disaster strikes. It is hard enough for some families to make ends meet so imagine how tough it would if one of the parents passed away. According to LIMRA Household Trends in U.S. Life Insurance Ownership 2010 study 70 percent of U.S. households with children under 18 would have trouble meeting everyday living expenses within a few months if a primary wage earner were to die today.
Life insurance is not the only type of insurance people need for emergency. For many people health insurance is out of reach. An estimated 16% of U.S. drivers are currently driving without health insurance. If you cannot health insurance through your employer seek out a local insurance agent to discuss your options.
The U.S. auto insurance industry employs an estimated 249,051 people in the United States according to IBIS World research. You can easily go online to find quotes for auto insurance or a good insurance agent. No matter where you live the chances are an experienced local agent will be able to find what you need for insurance.
The right licensed insurance agent will play an instrumental role in helping you figure out how to find life insurance. You do not have to go far to find quality life insurance advice. Seek out your local insurance agent and earn peace of mind for you and your loved ones. More on this topic.