Spotlight: Edward Jones – David Samachson, CFP®, AAMS™

What does it cost not to have life insurance?

It’s probably not on your calendar, but September is Life Insurance Awareness Month. Are you aware of the benefits of owning life insurance?

First, consider the risks of not having it. If something were to happen to you, could your family remain in their house?

Could your children continue their plans for higher education? Who would pay any outstanding debts you have? A sufficient life insurance death benefit could meet all those needs.

Yet, many people put off buying insurance because they don’t know how much they need or what type to buy. To determine the proper amount of coverage, you’ll need to consider a variety of factors: your income, your spouse’s income, the size of your mortgage and so on.

As for the right policy, you can essentially choose between two types: term and permanent. Term insurance, which is typically less expensive, provides coverage for a certain number of years and only offers a death benefit.

Permanent insurance can last a lifetime and offers the opportunity to build cash value but is generally more expensive. Take the time to learn more about insurance and how it can help protect your family.

And the sooner you start, the better. This content was provided by Edward Jones for use by David Samachson, CFP®, AAMS your Edward Jones financial advisor at 130 Almshouse Road, Suite 400 in Richboro.

For more information, please call our office at 267-988-4148. Member SIPC.

Edward Jones is a licensed insurance producer in all states and Washington, D.C., through Edward D. Jones & Co., L.P., and in California, New Mexico and Massachusetts through Edward Jones Insurance Agency of California, L.L.C.; Edward Jones Insurance Agency of New Mexico, L.L.C.; and Edward Jones Insurance Agency of Massachusetts, L.L.C. California Insurance License OC24309

PHOTO CAP: Call your Edward Jones financial advisor, David Samachson, today!

0 0 votes
Article Rating
Notify of
Inline Feedbacks
View all comments
Would love your thoughts, please comment.x