Are You Providing Protection for Your Child’s Future?


Posted on 6th December 2011 by Rita in Life Insurance |TERM Life Insurance |WHOLE LIFE Insurance

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As a parent, it is important you understand your options when it comes to protecting your children. Actively protecting your children is a full time job and is not limited to making sure they have their helmet on when bike riding and understanding it is not okay to talk with strangers. It also means if you pass away, providing your children with the resources they need for an successful life.

One of the most effective ways to insure loved ones have the resources they need in order to survive – is a Whole Life Insurance policy. Whether one parent or both parents die, if the deceased obtained a Whole Life Insurance policy money left to children will give peace of mind knowing they will be provided for.

Life Insurance policy proceeds have many uses. Here is a small example…

  • Pay off expenses and debts
  • Cover current living expenses
  • Provide for college tuition
  • Medical and/or funeral expenses
  • Cover mortgage payments or payoff
  • Provide funds to pursue career goals

Single parent, married or divorced… it is important you know your children will have the resources they need to succeed should you pass away prematurely. Investing in the care of your children and loved ones is one of the most important investments you will ever make.

Take the time to understand what coverage will fit the needs of your loved ones. Talk with an insurance representative about all the options available to you. You will want to start investing in your policy as soon as possible… Insurance proceeds will provide your children with the resources they need should you pass away prematurely.

You may also be interested in: 
8 Common Ways Life Insurance Protects
Why do I need Life Insurance
What is Term Life Insurance
The Unforgettable Gift
The Gift of Life Insurance
A Parents “Love Letter”

Note: This blog is designed for general information purposes only. All information presented on this site should not be interpreted as legal advice and the author assumes no responsibility or liability for the actions taken or not taken by the readers based upon such information. For legal and tax advice contact your attorney or tax adviser.
Rita Sollie, Direct Insurance Representative with North Coast Life Insurance Company (NCL). No gimmicks or schemes here, just genuine and honest service. We don’t sell insurance, we solve problems. I welcome the opportunity to show you what NCL can do for your Life Insurance and Financial needs.
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