It’s true that Life Insurance is the most “uncomfortable” insurance product for most people to talk about, yet it is by far the most important policy anyone will ever acquire.
Ask yourself….what is your family’s most valuable asset? Your home, the 401k at work, maybe your IRA or retirement accounts?
Actually….YOU are your family’s most valuable asset because without you, there would be no income. The paycheck you generate sustains your family and allows them to thrive.
But what would happen to your family if tomorrow you were gone?
- Could they survive without your income in the lifestyle that you built for them?
- Could they pay the mortgage each month to stay in the family home?
- Would your kids still receive the college education you had planned for them?
- If you have some savings, how long would it take for them to exhaust those funds in today’s expensive, “two income” world we live in?
Bottom line, putting off getting life insurance can have devastating consequences, leaving your family in serious financial trouble should something happen to you.
Here’s the silver lining, Life Insurance is NOT expensive and generally easy to acquire.
Life Insurance Facts
You buy life insurance with your health & age while you pay for it with your money.
The two most common questions people ask when looking into life insurance is:
- How much will it cost me?
- How much do I need?
Life insurance costs can be a little tricky to calculate as the cost of life insurance is unique to each individual based on the following:
- Type of policy desired (Whole Life, Universal Life, Term Life)
- The amount of coverage needed
- Other factors such as your age and overall health
Life Insurance must be constructed to meet the unique and specific needs of each person or family. This is why it is imperative to have an insurance professional guide you through the process of customizing a life insurance program that will fully meet your needs and budget.
For detailed answers to your questions and a review of your situation, please feel free to contact me at 760.600.0550.
Together we will protect what means most to you.
Reasons To Buy Life Insurance
Financial advisors and experts have long stated that life insurance is the cornerstone of any solid financial plan. It can be an important program to have in place in regards to any of the following situations.
Income Replacement For Dependents
If you have loved ones that depend upon your income, then life insurance can replace that financial life line. Most commonly this situation arises in the case of parents with younger children; however this can also apply in situations where a spouse is dependent upon the other spouse’s income. Most families in America today are “two income” families and a surviving spouse in many cases wouldn’t be able to make ends meet on their income alone. Also if you have elderly parents or adult children who rely on you financially, a life insurance policy can help guarantee they will not suffer without your income.
Final Expense Costs
The costs of final expenses are more expensive than most people realize. The average cost of a funeral can be well over $10,000 not to mention unforeseen outstanding bills and obligations.
A life insurance policy can help pay for these costs as well as probate, real estate administrative costs, and healthcare expenses not covered by other insurance policies.
Wealth Creation For your Heirs
Whether or not you have other assets to leave to your heirs, when you buy a life insurance policy you create an “instant estate” by naming your loved ones as beneficiaries.
Payment of Taxes
Life Insurance can create a buffer between tax obligations and the assets your heirs will eventually receive. Life insurance benefits can go to paying estate taxes so your loved ones will not have to liquidate other assets or receive a smaller inheritance.
If you have a favorite charity that you sponsor, you can make them the beneficiary of your life insurance policy and in essence make a much larger contribution than if you just donated the total amount of money it would cost you to pay the policy premiums.
Financial Savings Account
Some types of life insurance policies actually earn interest, which creates “cash value” within the policy. When you pay your life insurance premiums to keep your loved ones protected, your policy could be increasing its cash values, in essence making it a “forced savings account”. These funds can be borrowed against or withdrawn at the owner’s request. This form of life insurance has long been a means of wealth creation for the affluent.
Knowledge Is Power
Now that you have a better understanding about the different types of coverage available on a life insurance policy, you’re probably ready to find the coverage that’s right for you.
Remember, life insurance is not a “one size fits all” solution.
Your needs are going to be different from the next person so it’s important that we work together to create a policy that will meet your specific goals and most importantly, be affordable.
I will shop the top rated insurance carriers to find you the best life insurance policy, with the most coverage, at the lowest rate.
By working with me, you will get the personal attention you deserve, a superior policy to protect you, and a price that will fit your budget.
Now that’s insurance done right.
Fill out the brief form to your right or call 760.600.0550 and let’s get started.
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What My Clients Are Saying
Don’t just take it from me, I’ll let my customers do the talking!
“I have nothing but high praise for John..!! I was shopping around for lower insurance coverage for my home and automobiles.
From the moment, I spoke with him, it felt like we were long time friends. He is such a pleasure to work with, is very knowledgeable, and was able to save me money by switching over. He also made me aware of other options I had not thought of before. He was always patient and took time to answer any questions I had.
Without a doubt, I would recommend giving John a call if you have any insurance needs.”Betty W.
“I can’t say enough great things about John Solis.
When I set out to find a business insurance policy for my small business, I ran into some issues. Because my business is a little unique, many companies didn’t want to insure us or, if they did, they charged extremely high premiums for not so great coverage.
Then I found John… he was on top of things from the moment I first contacted him. He searched high and low to find the best policy for my business. Not only did he get us a great price, the coverage exceeded all other quotes we had gotten.
John’s communication is top-notch. He returns calls, texts, and emails almost immediately. He answers all of my questions thoroughly and honestly.
If you’re in need of any type of insurance, I highly recommend John Solis. He won’t let you down..!!”Alisa D.
“John is extremely knowledgeable about insurance options, he helped come up with the best coverage for home insurance, auto insurance, boat insurance and earthquake coverage. He listened to all of our concerns and found the best solution to meet our family’s needs.
John is an absolute pleasure to work with..!!”Jennifer C.