Here’s why newlyweds should consider getting life insurance.
If you just got married, life insurance is probably one of the last things on your mind. However, there are some serious reasons why you should consider getting life insurance now that you’re married. Here are some of the reasons why you should discuss investing in life insurance with your new spouse.
You Don’t Want to Leave Them in Debt
If you were to die suddenly, the financial responsibility for your outstanding debts would fall to your spouse. While not all debts would transfer over, any shared debts would become their sole responsibility. By getting life insurance, you can ensure that your benefit is large enough to take care of any of the debts you might leave behind.
Funerals are Expensive
Another reason why you should get life insurance is because your funeral and burial costs could add up very quickly. With the average funeral costing upwards of $7,000, these expenses are nothing to shake your head at. Luckily, your life insurance policy can provide coverage for your funeral and burial costs and save your loved one from having to foot the bill.
It Can Offer Them Comfort
Perhaps the most important reason for getting life insurance is that your death benefit could provide your spouse some comfort during a very difficult time. Not only will your death benefit ensure that your spouse doesn’t fall into debt, but it can also afford them a sense of financial stability. Oftentimes the money from your policy allows a grieving spouse to take time off work to mourn their loss.
These are some of the reason why you should discuss getting life insurance with your new spouse. Do you have questions regarding your life insurance coverage? Don’t hesitate to contact the experts at Stromsoe Insurance Agency. Located in Murrieta, California, out dedicated team is ready to assist you with all your coverage needs.