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The Importance of Life Insurance

Published on September 15, 2023

The Importance of Life Insurance

September is Life Insurance awareness month, which is a great opportunity to highlight the importance of life insurance. Life insurance is a financial tool that provides a death benefit to beneficiaries upon the policyholder's death. This benefit can be used to cover a variety of expenses, such as funeral costs, outstanding debts, and ongoing living expenses.

Having life insurance is especially important for those who have dependents who rely on their income. If the policyholder were to pass away unexpectedly, life insurance can provide peace of mind for their loved ones during an already difficult time. The death benefit can help ensure that their family is able to maintain their standard of living and cover expenses, such as mortgages, car payments, and tuition.

It's important to note that life insurance policies can vary widely in terms of coverage and cost. Individuals should carefully evaluate their needs and budget when selecting a policy. Additionally, it's important to regularly review and update one's life insurance policy to ensure that it still meets their needs as their circumstances change over time.

If you have any questions about insurance coverage, reach out to Judy Blackston, Queensborough Financial Benefits Coordinator and Insurance Agent. She can be reached by phone at 912-713-8453 or by emailing Judy.Blackston@qnbtrust.bank

 

Judy Blackston
Financial Benefits Coordinator, Insurance Agent

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