Life is full of the unexpected. From a job loss to death, there are a number of situations that can disrupt a person’s daily routine. One viable way to help mitigate the unforeseen is with a reliable life insurance policy. Alcorn Insurance Agency in Chama, NM, is proud to announce it is now offering the coverage option. The locally-owned firm understands the importance of having a financial resource for loved ones to access. If you’ve don’t have a policy, here are several reasons why the insurance provides peace of mind.

Why It Pays to Have Life Insurance

1. Covers Outstanding Debt

Married couples typically pool their salaries to pay for financial obligations such as mortgage and car payments. Should something happen to a spouse, life insurance will help pay for outstanding debt. The policy benefits are there to ensure the living spouse won’t be burdened with paying off loans on their own.

2. Helps Pay for College Expenses

From tuition and dorm fees to books and school supplies, college costs continue to rise. A life insurance policy can help cover those expenses. Parents who have been diligently stocking away funds in their retirement plan won’t have to tap into them to pay for their child’s college education.

3. Takes Care of Burial Expenses

Depending on the type of funeral, the costs can also be on the high end. There are a number of expenses involved, including burial services and grave markers. Knowing life insurance is in place to provide funds to cover these costs eliminates passing the financial responsibility on to grieving family members.

These are just a few benefits of having life insurance. If you’re married or have children, you want to ensure that their financial needs are taken care of should something happen to you. Alcorn Insurance Agency is your trusted source for customized coverage designed for your unique lifestyle. To learn more about coverage options and receive a free rate quote, call (575) 756-2197 today. You can also request a quote online and learn about the agency’s full suite of insurance choices.