Protecting your Family Requires a Customized Insurance Solution

Scott McEachern |

When it comes to taking care of your family, protecting their future is one of your key responsibilities. For most families, that means choosing life insurance. This way, if you pass away while your family needs financial support, they can maintain their standard of living and achieve their life goals.

Life insurance is not something to purchase just any place, where you may end up with a one-size-fits-all product. You need a customized solution designed just for your family.

Your insurance needs are unique

You might hear of guidelines on how to purchase life insurance, like multiplying your salary by a given number to calculate your coverage. But there isn’t one simple rule everyone can follow. Your unique family situation and financial picture determine your coverage.

Every family has different life insurance needs, based on a variety of factors. You need to take into consideration your annual income, mortgage, number of children, their ages, education plans, life goals and many other items.


Your advisor is a professional you can trust 

Fortunately, you don’t have to do the work yourself. You can work with a specially trained and licensed advisor who will analyze your financial needs and recommends a life insurance solution that fits your needs and your budget. 

An advisor can also help you to:

  • Determine whether personal life insurance would protect your mortgage more effectively than mortgage life insurance purchased from a bank.
  • Examine life insurance that you have through your employer’s group plan to see if it provides enough protection for your family.
  • Find out whether you might qualify for lower insurance premiums available to people with above-average health.
  • Understand why both you and your spouse need coverage, even if one of you earns little or no income.
  • Protect yourself and your family from the financial impact of a critical illness.

Your own customized solution

An advisor can also help you determine the type of coverage that’s right for you. Term life insurance covers you for a specific period, like 10 years or 20 years. It’s a cost-effective way to protect your family if you pass away unexpectedly.

Or you may require permanent life insurance, which provides protection as long as it’s needed. Permanent insurance is often used to create an estate or cover such costs as funeral expenses and taxes your estate pays. You might benefit from a blend of both term and permanent life insurance.

How we can help you

We’d be happy to meet with you to explain the life insurance process and show you just how easy it can be.

Together, we’ll determine how much insurance you require and for how long and find a flexible solution that we can adjust over time as your needs change. We can even develop a solution that costs less over the years as your insurance needs decrease.

Take the first step by calling us at 705-733-9385. We can analyze your needs and provide you with a free, no-obligation quote.