Protect the People Who Depend on You
Your family depends on more than your income. They depend on you for the mortgage, bills, food, childcare, transportation, education and everyday life. Life insurance can help provide financial support if you're no longer there.
It's not about how much you're worth.
It's about how much your family depends on you.
What Would Change If Your Income Disappeared?
Your income may stop. Your family's expenses don't.
🏡 Mortgage or Rent
💡 Utilities
🍎 Groceries
🚗 Car Payments
💳 Debt
👶 Childcare
🎓 Education
❤️ Everyday Family Needs
Life insurance can provide a death benefit to your beneficiaries that may help them continue meeting these financial responsibilities.
What Can Life Insurance Help Protect?
Think about the financial responsibilities you would leave behind.
💵 Replace Income
Help replace some of the income your family depended on.
🏡 Keep the Home
Help with mortgage or rent payments.
💳 Pay Debts
Help address credit cards, vehicles, personal loans and other obligations.
👶 Care for the Children
Help with childcare and everyday expenses.
🎓 Education
Provide money that may help with your children's future education.
⚱️ Final Expenses
Help with funeral and other end-of-life expenses.
Life insurance gives your family another financial resource when they may need it most.
How Much Life Insurance Does Your Family Need?
There's no one number that works for everyone.
A simple starting point is DIME:
D — Debt
Credit cards, vehicles, loans and other obligations.
I — Income
How much income would your family need replaced—and for how many years?
M — Mortgage
How much is still owed on your home?
E — Education
How much would you like available for your children's education?
Then consider what you already have:
Savings
Investments
Existing Life Insurance
Spouse's Income
Other Resources
Don't just ask: “How much life insurance can I afford?”
Also ask: “How much would my family need without my income?”
What About a Stay-at-Home Parent?
Income Isn't the Only Thing That Has Value.
A stay-at-home parent may provide:
Childcare
Transportation
Cooking
Cleaning
Scheduling
Homework support
Household management
If that parent were no longer there, some of those responsibilities might need to be replaced with paid services or reduced work hours for the surviving parent.
Both parents can have a financial impact on the family. That's why life insurance shouldn't automatically be considered only for the primary income earner.
What If You're a Single Parent?
For a single parent, life insurance can be especially important because there may not be a second parent's income available to replace yours.
Think about:
Who would care for your children?
Where would they live?
Who would provide financially for them?
How would education and everyday expenses be paid?
Life insurance can help provide financial resources for the people who will care for your children. If minor children are involved, beneficiary and trust planning should also be discussed with a qualified estate-planning attorney.
What If You Don't Die?
Your Family May Still Need Protection.
A serious illness can affect your ability to work while the family's bills continue. Certain life insurance policies may include Living Benefits that allow an insured person to access a portion of the death benefit following a qualifying critical, chronic or terminal illness, subject to the policy and rider terms.
Protecting your family isn't always only about death.
Already Have Life Insurance?
Great. Let's See If It's Enough.
Having an existing policy doesn't mean you need to replace it. Your current coverage may already provide an important part of your family's protection. We can help you review:
How much coverage you have
How long it lasts
Who your beneficiaries are
What benefits are included
Whether your family's needs have changed
If there's a gap, you may simply need to consider additional coverage.
Keep what's working. Identify what's missing.
Your Family Changes. Your Coverage Should Be Reviewed.
Consider reviewing your life insurance after major events such as:
Marriage
Having a child
Buying a home
Changing jobs
Increasing your income
Taking on significant debt
Starting a business
Divorce
Major changes in family responsibilities
A policy purchased years ago may no longer reflect your life today.
Which Type of Life Insurance?
Different families have different needs.
Term Life Insurance
Coverage for a specified period.
Often used when families want larger amounts of protection at a generally lower initial cost.
Whole Life Insurance
Permanent coverage with guarantees and cash-value features, subject to policy terms.
Indexed Universal Life (IUL)
Permanent coverage with flexible features and potential cash-value accumulation based partly on index-crediting methods, subject to policy terms.
You don't need to know which one you need before talking to us. A licensed insurance professional can help you compare your options based on your family, goals, budget and coverage needs.
Family Protection Starts With a Conversation
You work hard to provide for your family today. Life insurance can help you continue protecting them even if you're no longer there. Talk to a licensed insurance professional to review what you already have, identify potential gaps and explore available options.
Life insurance products, benefits, riders, premiums, underwriting requirements and availability vary by insurance company, product and state. Living Benefits are available on certain policies and require a qualifying event under the applicable rider. Policy guarantees are subject to the claims-paying ability of the issuing insurance company. This information is for educational purposes and is not legal or tax advice.
Family Protection Life Insurance
