Why get life insurance policy

Life Insurance 101, American Family Insurance

Life Insurance 101 You insure your car, home and your health to protect yourself from the unexpected. Have you considered how you can help financially protect those you love? Life insurance provides financial protection in the event you were to pass away. You pay premiums to your insurance company, and in return, they will pay your beneficiaries a death benefit — which is an agreed upon sum of money — when you pass away. Why Do I Need Life Insurance? Do you have people who depend on you financially? Would they have enough money to cover the substantial costs of a funeral? What about a mortgage, debt and other expenses you’d leave behind? Having life insurance can provide...

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Life Insurance for the Unemployed, AIG Direct - Blog

You've lost your job, but you're not down and out. You study your finances, sign up with unemployment and hit the job boards. You know that nearly two thirds of those unemployed find new work in less than 14 weeks on average, according to the Bureau of Labor Statistics. You're on the ball, putting your energies into what's important - finding a new job and making ends meet in the meantime. But is it possible that you've overlooked something? Life insurance may not be your first thought, but, for anyone with family and assets to protect, its importance shouldn't be underestimated. If you've relied solely on your employer's group life insurance up to this point, then it may be critical for...

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