You work hard to provide for your loved ones, but what if something should happen to you? Would they be able to cover the mortgage payment? Would your children be able to afford higher education? Fortunately, life insurance gives you a way to keep taking care of them no matter what.

What Does Life Insurance Help With?

1. Burial Expenses

The average funeral costs over $7,000, which most families can’t afford to pay out-of-pocket, especially if they've just lost the primary earner in the household. However, life insurance should include enough to pay for the memorial service you want without draining your loved ones’ savings or putting them deeper into debt.

2. The Mortgage

Most families rely on dual incomes when buying a home, so your spouse may struggle making house payments on their own. Purchasing enough life insurance to pay off the mortgage will provide your loved ones with the financial security they’ll need during such an emotionally strained time.

3. Childcare Expenses

Parents who stay home to look after children are an invaluable resource. As a result, many don't think about putting a monetary value on it. However, those whose job it is to raise a family should carry at least enough life insurance to pay for child care, cooking, and the other services your family might need.

4. Educational Expenses

Most parents have long-term plans for their children, which can be derailed without your income. Choosing enough life insurance to fund your children’s educational expenses gives you the chance to provide them with the best life possible.

Since 1978, Kirk Insurance Agency has been dedicated to providing clients throughout Spearman, TX, with the best coverage available at the lowest price possible so that you can safeguard your family's financial future. Visit their website for more on their services. Or call (806) 659-2794 to speak with an agent and request a life insurance quote.