Since September is Life Insurance Awareness Month, chances are you have heard a thing or two about the topic recently. Nearly half of Americans do not have life insurance, despite how vital of an insurance policy it really is. Life insurance acts as a financial safeguard for your loved ones after you pass. Your life insurance policy will assist in paying all final expenses, burial costs, education expenses, and any income debt or liabilities.

When it comes to understanding life insurance, you must first understand who needs life insurance. While everyone can benefit from the extra security and the guarantee of their final wishes, those who need life insurance most are those who have someone depending on them financially. As your family begins the grieving process after you pass, the last thing you want is for them to have to deal with financial troubles. If you have any debt, a life insurance policy would provide your loved ones with financial protection. Additionally, your life insurance policy can replace your income for the time being until those who were dependent on you can determine an alternative income solution. This will allow them to continue paying all bills and mortgage payments.

As one of the most important policies an individual can purchase, insurance companies offer different types of life insurance policies to meet the financial limitations of nearly all individuals. Those in the market for a life insurance policy can choose between term life insurance, whole life insurance, and universal life insurance. Your experienced agent will guide you through the process of choosing which type of life insurance policy best meets your needs. Understanding life insurance does not have to be confusing with one of our knowledgeable agents by your side.

We recognize September as Life Insurance Awareness Month! Contact Bernardini & Donovan Insurance Services in Redlands for all of your California life insurance needs. Allow us to provide your loved ones with guaranteed security.