How life insurance protects those who matter most

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A wedding, a baby on the way, a new home—these are a few of the many life milestones that should be celebrated. However, with change comes the responsibility to care for dependents, both physically and financially, which is why it’s important to invest in life insurance. Life insurance provides protection for your family in the wake of the most tragic circumstances. Still, in the United States, one-third of  households do not have life insurance. Here are three reasons why we need to change that number.

  1. How Life Insurance Works. Life insurance helps you prepare for the future by protecting against the unexpected. This means you pay a small sum of money now to receive a lump sum down the road in case something were to happen to you. If a tragic incident occurs, your life insurance policy will provide a benefit to your family and dependents to make up for the loss of your income, your household and childcare contributions, and other ways your dependents rely on you for efforts that will cost them money. Life insurance provides the security and protection at a time when your loved ones need it most.
  2. The Hidden Value You Provide. The value you provide your family member is greater than you think. From the larger things like your income, to the little things you do around the house, your family members may have a much harder time coping without you than you think. In order for them to live comfortably in the event you or your spouse pass away, life insurance takes into account all of the contributions you make to the lives of your children, spouse, as well as aging parents, relatives and good friends.
  3. How Much and What Type of Life Insurance Do You Need? Properly protect your family by making sure you have the right type of insurance and the right amount of coverage. Because this can be a difficult number to calculate, consider the total value you provide to your dependents and what type of financial burden they could face if you were to pass away. Using a life insurance calculator can help you understand the approximate level of coverage you will need.


Life insurance is a personal investment, but you shouldn’t have to go at it alone. Having someone ensure that your family will be properly protected in the wake of tragedy is the best thing you can do. Wolf Point Advisors can connect you with one of our premier providers of life insurance solutions. We will make sure your life is insured so you can live each and every day to the fullest.