It’s not pleasant to think about losing someone you love, so we rarely think about the need to have life insurance. But why compound emotional stress with financial difficulties. Without your income, would your family have to move to a smaller home? Would your kids have to give up their dreams of college? Would your spouse have to keep working long past retirement age? An individual term life insurance policy from Anthem Blue Cross and Blue Shield can protect your family from these hardships by replacing your lost income.

 

It’s simple. If someone will suffer financially when you die, you most likely need a life insurance policy. When the family wage earner suddenly passes away, many families struggle to make ends meet. They’re often left to pay mortgage or rent — along with utility bills, groceries, and perhaps car payments, child care expenses or credit card bills. Funeral costs alone can range from $5,000 to $10,000, adding to the emotional and financial toll of their loss. Yet, nearly one-third of Americans have no life coverage at all. And one-third of insured adults have only minimal group life insurance through work (LIMRA 2005).

 

Simply put. Life insurance is to help protect those you love.