Life Insurance in Texas
Building the American dream in Texas is true for thousands of citizens, with many of them residing here in Desoto, TX. At Don Atwell & Associates, we understand why our clients look for life insurance and the purpose they have for purchasing these policies.
It's Not for You
When you purchase a life insurance policy to be paid out upon your passing, you are creating that policy for your family. Sure, you can use this money to cover your final costs for funeral arrangements, but you can also use this policy to give them financial security. The goal for determining how much you need and what it will be used for is with respect to what you are leaving behind for your loved ones.
Outstanding Debt
Do you have any current mortgages or other asset debt? If so, make sure that your policy is enough to cover these costs. Otherwise, your family will be forced to take on this financial responsibility or sell off assets. This is unfortunate, especially if you are planning for them to enjoy your estate as their inheritance.
College Education
Are you currently working to prepare a savings for either your children or grandchildren's college tuition but do not have enough to cover? If so, you will want to include what you are planning to save in your policy's total so that it can be distributed for that purpose at that time.
General Inheritance
If you would like to leave a financial inheritance for your loved ones in addition to your assets, choose life insurance. This will give you peace of mind knowing that they have financial security and will be prepared for life even when you are no longer with them. Choose a certain dollar amount to cover the larger purchases you expect them to make.
Make the Right Investment Today
If you reside in Texas, contact one of our agents today at Don Atwell & Associates in Desoto, TX to get started on your policy today.
