Life insurance is one of those topics like religion and politics we are conditioned NOT to talk about. However, that being said life insurance is a necessary and invaluable tool in your financial portfolio, if used correctly. Regardless of what your financial planner/advisor tells you there are only two reasons for life insurance and they are:
- To create an estate
- Or to transfer an estate
95% of the families in the U.S. need life insurance for the first reason, to create an estate. In other words, to replace the income lost in the event that one or both of the family’s income producers are struck down by a premature death, which would dramatically shorten the time they have to create their estate. The 5% of those individuals that use life insurance for estate transfer want to transfer their accumulated wealth to someone besides their spouse tax free. A primary trigger for a family’s need for life insurance is usually the birth of the first child. As part of your family financial plan you should consider how those children will be financially taken care of if the primary income earners die BEFORE the children are grown and out of the house. This type of coverage is better known as “income replacement” coverage. And it is far more affordable than most people believe.
Just Us Insurance is located in Southern California.
We proudly serve businesses and local residents in Corona, Murrieta, and Temecula.
Just Us Insurance operates throughout Riverside, San Bernardino San Diego, and Orange Counties
