There is no doubt that Life Insurance provides benefits and security to California families. However, many single people may not have thought of the fact that they also need to consider Life Insurance to cover expenses after they are gone. If you are new to the area, we can help you will all your insurance needs, just call us today!
Advantages of Life Insurance
Some expenses won’t go away with your passing, and having Life Insurance will help those responsible for the management of your estate to do so more effectively. For example, a Life Insurance Policy can help with:
Mortgage and vehicle costs. These bills won’t go away when you are gone. A Life Insurance Policy can help pay for them.
Funeral expenses. This can total anywhere from $2,000-$5,000.
Pet care. Many singles have pets. Who will care for those pets – and how? A Life Insurance Policy can cover vet care and other costs.
Child care. Single parents need to make sure funds are available for the continual care of their children.
Your policy can help pay hospital bills, credit card, and other debt.
The good news is that Life Insurance rates are low and there are many different kinds of products from which to select. One question we often get is, “How much Life Insurance do I need?” The answer really depends on your individual situation, but here are some questions to consider:
How much debt do I have?
If I have children, how much money will they need to reach the age of 21? (The average cost per child is about $200,000).
At Leap / Carpenter / Kemps, Merced County’s largest locally-owned agency, we have an experienced staff of professionals who understand that each family has unique insurance needs and that the one-size-fits-all approach just doesn’t work.
LCK Insurance Agency is one of California's most prominent independent insurance agencies. They offer commercial business insurance, employee benefits, life & health insurance, and personal insurance.
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Leap | Carpenter | Kemps Insurance Agency provides Commercial Business Insurance, Employee Benefits, Life and Health Insurance, and Personal Insurance to all of California, including Merced, Atwater, Los Banos, Mariposa, Madera, Fresno, Modesto, Turlock, and Stockton.
CA License Number 0646081 | Licensed to do business in California, Arizona, Hawaii, Idaho, Montana, Nevada, North Carolina, Oklahoma, Oregon, Virginia, West Virginia and Washington.