Greenup, Kentucky

Just Married? What Couples Need to Know About Life Insurance October 12, 2017

Greenup, Greenup
Just Married? What Couples Need to Know About Life Insurance , Greenup, Kentucky

After the beautiful wedding ceremony, the last thing new couples think about is life insurance β€” especially if children aren't in the picture yet. However, securing a comprehensive policy is beneficial to newlyweds. Entering into this new phase of life, there are several scenarios it’s important to be mindful of and prepare for. Below is a quick guide to some of these situations and why you should invest in coverage.

Why Newlyweds Should Invest in Life Insurance

Peace of Mind

One of the main reasons it pays for spouses to obtain life insurance is peace of mind. For instance, if only one person works outside the home and unexpectedly passes away, the widow or widower will be entitled to death benefits. This is income provided by the insurance carrier for policyholders who made timely premium payments. The amount the living spouse receives depends on the type of coverage and other features.


life insuranceAnother important factor for married couples is their plans to have children. Parents typically name their kids as beneficiaries on their policies. Should both or even one of the parents pass away, their little ones will be provided for. Depending on their age, kids can use the funds to pay for college and other living expenses, and parents can even designate how much goes to each child.


While children rightfully depend on their parents for financial support, there may be other family members who need assistance. These include elderly relatives and physically disabled or special needs siblings. Having life insurance allows policyholders to take care of their loved ones financially in case of death.

Lower Insurance

Younger newlyweds also have the advantage of paying lower insurance rates. Certain policies lock in premiums, meaning, the payment amounts won't go up. An experienced insurance agent will gladly help couples get the most affordable coverage.


Marriage is a momentous milestone. Let the friendly and knowledgeable team at Harold D. Miller Insurance Agency in Greenup and Ashland, KY, help you mark this important journey with comprehensive and budget-friendly life insurance. Schedule an appointment today by calling (606) 473-6211 in Greenup or (606) 324-1295 in Ashland to learn more about plan options. Visit the website for additional information on other types of insurance for homes and vehicles.

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