LIFE IS A JOURNEY FULL OF SURPRISES... WE ARE HERE HERE TO HELP YOU REACH YOUR FINISH LINE
“Life insurance provides financial protection should the unthinkable happen, enabling people to be secure in the knowledge that their dependents could receive a cash lump sum if they were to die.
Homeowners in particular should take care not to overlook life insurance as it can help to ensure the property is paid for upon death, alleviating any financial burden and may even provide financial security for loved ones.”
Protectall Salvador will work with you to translate your goals and unique situation into a policy that will provide you assurance and peace-of-mind.
LIFE INSURANCE—FACE THE FUTURE WITH CONFIDENCE
Too often, when an income earner dies, survivors are forced to make tough financial decisions. Cost of funeral is only the first obligation, then there could be debts to pay off, housing payments to meet, ongoing living expenses, fund childrn's college education and much more.
Life insurance is a tool to protect your spouse and your children from potentially devastating financial losses if you die prematurely. Life insurance gives your family choices by providing the resources to face the obligations you left behind.
There are several points that impact which type of insurance is best for you. Generally speaking, you should consider a term life insurance policy if you’re looking for:
- The most affordable coverage
- Income replacement to cover your mortgage or the expense of a child's education should you die prematurely
- You think may want to convert your term life insurance to whole life policy when you can better afford it
You may opt to choose permanent or whole life insurance if:
- You want to provide money for your heirs to pay estate taxes
- You have a lifelong dependent, such as a child with special needs
- You want to leave an inheritance for your heirs when you die
- You want to leave your business to one heir and use a life insurance payout to equalize the inheritance to compensate another heir
FUNERAL EXPENSES INSURANCE
Final Expense Life Insurance helps families cope with the loss of a loved one by guaranteeing all funeral and burial expenses will be paid for. With so many different options to choose from, the cost for a service, burial plot, casket, and headstone
According to the National Funeral Directors Association, the median cost of a funeral, burial services, and a vault is $9,135, while the median cost for cremation is $5,150. (Source: NFDA News Release, December 19, 2019)
Breakdown of Funeral Services
Funeral Home * Flowers
Casket * Embalming
Service Fees * Wreaths
Funeral Plot * Headstone (grave marker)