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  • Estate and Retirement Planning News

  • March 2016

    Life Insurance for your Family

    You may be juggling kids at home or college, in addition to the demands of your job. Now that you’ve been in the workforce for quite a while, you don’t have as much time as you once did to recover from unexpected setbacks. You need to take additional steps to protect what you have.

    At this point, the years ahead will likely to be the most productive and highest earning of your life. However, like many families, you may be using a significant amount of your savings to put your kids through college just when it’s time to be aggressive in saving for retirement.

    What would happen if you died suddenly? Would your children have to drop out of school? Would your spouse or partner be forced to drastically cut back on the family’s lifestyle? And what about retirement plans? Life insurance proceeds can allow them to pay off the mortgage, continue to pay for college, and if invested wisely, provide a stream of income to your spouse or partner for the future.

    To find out more about life insurance and if you need coverage, we encourage you to use the Life Foundations Interactive Planner online.

    You can also contact your local Farm Bureau Insurance agent to learn about the Farm Bureau Insurance life product appropriate for your family and lifestyle. Life insurance is affordable and can be tailored to your family’s personal and budgetary needs.

    Source: LifeHappens.org

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