September is Life Insurance Awareness Month

Sep 22, 2020 | Life Insurance | 0 comments

The events of this year have caught everyone off guard. Many realized they aren’t prepared for an emergency. During Life Insurance Awareness Month in September, it’s a good time to make a plan for the worst case scenario.

Life Insurance is most often used as a safety net for your family or those who depend on you financially. After your death, those listed as beneficiaries on your policy would receive a benefit to help support them.

Even if you’re beyond the point of having children who depend on you for financial assistance, life insurance can still be useful. It can help cover funeral expenses, mortgages or any other debts you leave behind. It can also be used to leave a gift to a charity of your choice. You can name a charity as the beneficiary of the policy to leave a legacy that lasts for generations to come.

Purchasing a life insurance policy at a later age may be costly or require a medical exam. It’s a good idea to speak to an estate attorney or financial planner to determine if buying a life insurance policy may provide some tax benefit or if a current policy could be converted to better fit your circumstances. For more information, call Diane Dee Lee at: (623) 251-6612 or email dleeski@reagan.com

Diane “Dee” Lee Insurance, is an experienced licensed insurance broker and representative providing Medicare (parts A and B), supplemental Medicare, Medicare Advantage (part C) and Medicare Prescription (part D) plans. Diane Dee Lee Insurance also provides healthcare plans to cover dental vision, hospital stays and more. Serving as a Medicare Broker in Deer Valley, Peoria, Glendale, the Phoenix-metro area, as well as the counties of Pima, Pinal, Coconino, Gila, Mohave, Apache, Navajo, Maricopa and Yavapai. Licensed and appointed with multiple insurance carriers, Dee is available to meet in person (with necessary social distancing guidelines) or virtually. Please call (623) 251-6612 or email dleeski@reagan.com