If you are providing for your loved ones, you may always want to ensure that they have enough funds to enjoy their lifestyle, even if you are no longer here. This is why life insurance is so critical for California residents. Below are the different ways this process could protect your loved ones from a financial burden and offer them one final gift.
At the time of your passing, there will be some services required to dispose of your remains properly. With life insurance, you can leave behind enough funds to cover the cost of these services so that your loved ones are not having to suffer financially while trying to mourn you.
Many of our customers still carry a lien or mortgage on their property. If they pass before it is paid for, the lender will require payment in full by the family or take ownership of the property. With a life insurance policy, you can leave enough funds behind to give them what they need to pay the debt so that they can enjoy what you have left behind.
Our life insurance policies have a large limit, so feel free to maximize your loan for your beneficiaries. They can use the policy for final costs, then use what is left as an inheritance offering so that you can give one last gift even after you have gone. They can use that money for their needs and insure they are taken care of.
If you are a California resident and want more information on our life insurance policies, contact our Valley Center Insurance Agency team today.