Derngate Wealth Management’s Post

In the next installment of our series on the different types of protection insurance for mortgage borrowers, Darren Polson takes a closer look at life insurance. What options are there and how will it protect your family? https://lnkd.in/eWBPj5sQ

Five Reasons to Consider Life Insurance

Not everyone needs life insurance. People who’ve accumulated enough wealth to cover their final expenses and who don't have dependents can usually forgo paying for life insurance. On the other hand, there are several groups of people whom experts say should strongly consider life insurance, such as couples, parents of young children, and mortgage holders. Read on to discover who needs life insurance and who can probably skip it.

Should I get life insurance? If so, how much? and what type? I was recently interviewed in a CNBC article regarding what to know about life insurance. The answers to some of these questions are different for everyone but talking with a financial planner can help you understand what's right for you and your loved ones. The Planning Center is a fee-only firm, meaning we don't sell insurance (or any other products) in an attempt to avoid conflicts of interest in our recommendations. https://lnkd.in/gV9v-ycz

According to recent studies, fewer Americans have purchased life insurance. Read this article to learn about the value of life insurance and why it may be necessary for your family's financial future! #PlanningAhead #LifeInsurance

According to recent studies, fewer Americans have purchased life insurance. Read this article to learn about the value of life insurance and why it may be necessary for your family's financial future! #PlanningAhead #LifeInsurance

"The problem of not having enough life insurance seems easy enough to fix — just buy more. But we live on a budget, and we're both over 50, so buying a new policy is cost-prohibitive. Unfortunately, my husband and I waited to get life insurance until we were in our 40s, when it was already more expensive than if we had purchased it a decade earlier. We believed that covering the mortgage and the death expenses would be enough to make sure that I was secure in life without his paycheck. We wish we'd bought more insurance when we were younger. At this point, we wish we'd gone with a much bigger policy payout. Even $500,000 would put me in a much better position if something happened to my husband. Of course, a $1 million policy, though it sounds so high, would leave me in a place to not have to worry about money or finances at all." Read here: https://lnkd.in/gXgGAiRX Life insurance is just one piece of the puzzle when it comes to protecting your loved ones’ future. Starting insurance early means securing peace of mind for the future. The sooner you plan, the stronger the foundation for you and your loved ones. DM or contact me @ 9835 5608 to start today! #LifeInsurance #FinancialProtection #SecureYourFuture #ComprehensivePlanning #PeaceOfMind #StartEarly #FutureProtection #SecureYourTomorrow #FinancialPlanning

Surprisingly, 2 out of 5 homeowners don’t have any life insurance in place! It's time to realise how important it is to have life insurance. Here are a few benefits of sorting your today 1️⃣ Safeguard your loved ones: Life insurance gives your family financial stability in the event of an unforeseen circumstance. It guarantees that even in the absence of your income, they may continue living the way they do, pay off debt, and meet their costs. 2️⃣ Mortgage protection: If you have a mortgage, life insurance can assist your family in covering the outstanding amount in the event of your death. Knowing that your loved ones won't have to shoulder the mortgage payments gives you peace of mind. 3️⃣ Funeral costs: The last thing you want to do is burden your family with a large funeral bill. Funerals may be expensive and life insurance could help toward this. Prioritise your family, speak to me about your life insurance - 07985 462914 or carl@mortgage1st.co.uk 💙 Source: https://buff.ly/44KUXYU As with all insurance policies, conditions and exclusions will apply.

According to recent studies, fewer Americans have purchased life insurance. Read this article to learn about the value of life insurance and why it may be necessary for your family's financial future! #PlanningAhead #LifeInsurance

5 Tips for Buying Better Life Insurance (Part 1) on Claeys Group Insurance Services #buyinglifeinsurance #termlifeinsurance #universallifeinsurance #wholelifeinsurance