When you think about life insurance, what comes to mind? Do you think about covering funeral costs? Or do you think about the impact life insurance could have on your family?
If you’re thinking this way, it’s a good start. In the simplest terms, there are three main reasons someone needs life insurance.
If you aren’t married or you don’t have children, debt or a mortgage, life insurance can still be an important part of your financial situation — it can be used for estate preservation and maximization, keyman insurance, buy-sell agreements and much more.
Dying isn’t fun to talk about. I’ve never met a member who enjoys talking about it. That’s human nature. But sometimes the toughest discussions are the most valuable.
Whether you are 18 or 80, chatting with a Knights of Columbus Field Agent can be extremely valuable for you and your family. Knights of Columbus Field Agents are highly trained and deeply committed. In today’s ever-changing economy, you can find comfort in the financial strength and security of Knights of Columbus Insurance. According to Standard and Poor’s, there no life insurer that’s more financially secure.*
Find an agent near you. Visit www.kofc.org/findagent.
Originally published in a special bi-weekly edition of Knightline, a resource for K of C leaders and members. Access Knightline’s monthly archives.
*Ranking North American Life Insurance Companies from Strongest to Weakest by S&P Global Ratings. April 6, 2020.