Each person comes to a point when they decide it is time to purchase a life insurance policy.  Maybe it was when you got married or at the birth of your first child. Maybe you or a family member had a health scare that prompted the purchase, or because it seemed like a good idea when choosing your employee benefits.


Whatever the reason, that insurance will help protect you and your loved ones in the event of a sudden death. It is something we never want to think about but always be prepared for.


Keep your family prepared in case of a sudden loss of income due to death. This will help your family handle expenses for essentials, such as home, cars food, clothing, healthcare, retirement savings, paying off loans, and college funds. Insurance will also leave extra monetary support for non-essentials like entertainment or travel.


The financial strain from the loss of your income shouldn’t add to the stress your family would face in losing you. Having enough life insurance can help ensure the people you care about will be provided for financially, even if you’re not there to care for them yourself.


So how do you know how much life insurance you need?

The answer is different for each person.  Its very personal to your needs which will likely change during your lifetime. Your insurance agent will work with you to determine your needs and find the policy that’s best for your unique combination of current financial responsibilities and future goals, such as funding a college education for a child or a comfortable retirement for your spouse. Farm Bureau members are fortunate to have access to Farm Bureau Financial Services agents statewide. To connect with an agent go to www.fbfs.com.


Source: Farm Bureau Financial Services


Editor’s note: For more information on our member benefits including our regional benefits go to Arizona Farm Bureau’s member benefits page online. Or, download the Member Benefits app to your smart phone for easy, everyday access to your benefits.