Are you a newlywed? Then here’s why you cannot afford to miss out on life insurance.
If you’ve just gotten married, then securing the right life insurance in Los Angeles, California
is probably one of the last things on your mind. However, now that you have a life partner to worry about, it’s important that you think about their future. The best way to ensure the financial stability of your new spouse is by putting the right life insurance in place. Here are some of the reasons why getting life insurance coverages now is so important.
You Have Student Debt
With the ever-increasing cost of secondary education, more and more graduates are saddled with serious student loans. If you were to die before paying off your loans, then your spouse would be left to cover it on their own. If they have their own student loans to contend with, then the combined cost could total as much as a brand-new home. Securing the right life insurance now will ensure that your spouse will not be left to deal with this debt in the event of your death.
You Want Kids
Raising children requires serious financial investment. If you were to die with a child on the way or when your child was still young, then you would be leaving your spouse to cover all future child-rearing costs on their own. If you do not want to place this burden on their shoulders, then make provision for child-rearing costs by securing the right life insurance today.
You Want to Pay for Your Funeral and Burial Expenses
With the cost of the average funeral and burial hovering around $10,000, this major expense isn’t something that you can overlook. If you were to die, then you spouse would have enough to worry about. Make sure the cost of your funeral and burial isn’t added to this list of concerns by putting the right life insurance protections in place today.
These are some of the reasons why newlyweds should ensure that they have the right life insurance coverages in place. Do you have additional questions regarding your life insurance in Los Angeles, California
? Then contact the experts at Fuller Insurance Agency. We are ready to assist you with all your coverage needs today.