In today’s financial environment, it’s important to know that there are some things you don’t have to worry about. Life insurance can be the foundation of financial security for you and your family. It can be the base upon which other insurance and investment decisions are built.
Term life insurance available through GMG of the Carolinas provides coverage for a pre-defined period of time, or "term." The amount of the premiums can be fixed and remain unchanged for the duration of the term. While the length of the term and other specifics vary, the death benefit in a term life policy can stay the same for as long as 30 years. Term life coverage tends to be less expensive than whole or universal life coverage and is favored by consumers who know they want life insurance only for a specified period of time.
Help ensure that your loved ones will be able to meet their financial goals and responsibilities if something were to happen to you. Permanent life insurance can provide lifelong protection and build cash value that can help protect your family in the future. Many policies offer guaranteed minimums for your cash value growth.
Life Insurance should…
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Other Life Events That Can Threaten Retirement Savings
* Nursing Home Cost for a Private Room- $7,500 per month or $90,000 per year
* Assisted Living Facility- $3,600 per month or $43,200 per year
* Home Health Aide (Certified) - $20 per hour
You should not have to die to benefit from life insurance!