AL Deleon & Associates Inc - Debbie Smith
AL Deleon & Associates Inc - Debbie Smith
1120 Homestead Rd N,
Lehigh Acres, FL 33936
Phone:239-368-5775
Fax:239-368-3720
Life insurance is protection against financial loss resulting from death. It is an insurance company's promise to pay your beneficiary a specific amount of money when you die in exchange for timely payment of premiums.
Why do I need life insurance?
Although you may not think about it, your ability to earn income is a significant asset and life insurance helps replace lost income in the event of your premature death. Here are some reasons people buy life insurance.
To replace income the family would need to maintain their standard of living after the death of a wage earner.
To pay off a mortgage loan and other personal and business debts or to create a rent fund.
To create a fund for children's education.
To pay final expenses, such as funeral costs and taxes.
To create a family emergency fund or a fund for a family member with special needs.
© Al Deleon Insurance Associates, Inc. 2008
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