Trying to pick up the pieces after a loved one's untimely death is not easy to do. In Illinois, we sometimes see our clients struggle to cover expenses and daily life after someone they were financially dependent on passes away unexpectedly. At WSM Insurance Agency Inc., we want our clients to leave a financial gift behind for their loved ones if they choose.
Most of our clients purchase life insurance with the intent that the first bill paid is for their final services. Depending on how you want to secure your remains and have a memorial service, there is an existing cost for each of these services. Unfortunately, your loved ones will be grieving and do not need the additional financial stress that comes during this time.
There are many times that our clients have outstanding debt lingering after their death. Although they may pass away, the debt does not, and it is up to the loved ones to decide to pay the debt difference or return the property to the lienholder. With a life insurance policy, you can leave your loved ones enough funds to cover the balance on the home or vehicle that you may own.
Sometimes, our clients want to leave a financial gift for those they loved the most. With a life insurance policy, you can name one or more beneficiaries and leave them equal portions of a policy to fit your preferences. This money can be used to cover the cost of college tuition, wedding costs, or a down payment on a home.
If you want to make sure that those you love the most have financial security after your passing, then it is time to purchase life insurance. Give us a call today and inquire about a policy quote that fits your personal needs.
WSM Insurance Agency Inc is licensed in Illinois and Wisconsin