Women and Life Insurance

This March (which is women’s month!), life insurance may not be top of mind, but this article has some startling facts.  According to the Insurance Information Institute, many women underestimate their family contributions and often lack sufficient Life Insurance. According to the article, 43% of women have no life insurance, and of those that are insured, many are under-insured.

A women’s life insurance policy would greatly affect the quality of their family’s lifestyle if they were to die. So how do you know if you have enough?

Think about the following scenarios:

• Replacing your income for dependents
• Pay final expenses
• Create an inheritance for your heirs
• Pay federal and state estate taxes
• Make charitable contributions
• Create a source of savings
• Replace services of a primary caregiver

Your life insurance should be enough to cover any of these situations that apply to you. Read the full article here:

http://www.iii.org/press_releases/women-underestimate-their-family-contributions-by-lacking-sufficient-life-insurance.html

Want to get a quote or discuss your life insurance needs? Feel free to call us at IGO with any questions: 417-725-1131

Nicci Troiani

Nicci is the Social Media Manager at IGO, she started working with IGO in 2011 and manages all of our social media platforms and blog. Nicci now lives in Las Vegas and works for IGO remotely. She lives there with her husband and her cat, Princess.