Life Insurance
In good times and in bad, you have always put your family first. But what happens when you're gone? Although choosing life insurance can be a daunting task, selecting the right policy is critical to your family's financial well-being.
Having insufficient coverage, or worse, having no coverage at all, may be detrimental to your loved ones during a time when they need support the most.
Raymond James understands the importance of your family. And because you are our first priority, we want to help ensure the financial well-being of those you love most. In fact, we were one of the first firms to understand and emphasize the role insurance plays in a comprehensive financial plan.
Do I need life insurance?
Are others dependent upon you for financial support? If your children, spouse or other loved ones had to continue without you, would they have ample income to do so?
An essential part of financial planning, life insurance can help replace income that would be lost upon your death. It can also help ensure that dependents are not burdened with significant debt, affording them financial security in a difficult time.
How much life insurance do I need?
Your financial advisor can assist you in determining how much insurance you may need. Some factors for consideration include:
- Immediate expenses such as hospital bills, funeral costs and estate taxes,
- Funds for the readjustment period, enabling loved ones to move or find a job, and
- Short- and long-term financial needs such as monthly bills, college tuition or retirement.
For more information on selecting the right policy for you, or for a complimentary evaluation of your existing life insurance, please contact our office at 423-510-8889 and we'll be glad to assist you.