By: Edward L. Blais, JD, CIC

If someone in your life depends on you financially, chances are you’ll want to be sure they are taken care of even after you’re gone. Life insurance is the best way to provide for your family after your passing.

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The money provided (known as the death benefit) may offset or replace the income loss and can help your family meet many important financial needs like daily living expenses, mortgage payments, college savings, family emergencies and much more. Additionally, in many cases, there is no federal income tax on life insurance benefits.

Owning life insurance can provide an added sense of security for the insured and beneficiaries. Buying life insurance is all about peace of mind for your family and how you’re able to provide it.

There are various types of life insurance, which range from simple term life insurance (payment made only if death occurs during the term of policy), to the more complicated whole life insurance (payment made whenever the insured dies).

When shopping for life insurance, it’s best to use an independent insurance agent that will search the entire market to find the appropriate plan and rates for you and your family or business.

Because Blais Insurance represents many of the nation’s top rated carriers, we are able to easily search for simple term coverage or more advanced permanent whole life or universal life coverage, depending on your needs.

If you have questions about your life insurance needs and would like additional information, please call Blais Insurance at 401-725-0070.