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Webster Groves, Missouri 63119

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Who Needs Life Insurance?

Posted on January 31, 2021February 1, 2021 by admin

Even though life insurance is not obligatory, it is worth getting. It is advantageous and beneficial for certain categories of people. Travers Insurance, serving Webster Groves, MO, has prepared a list of those who can benefit from life insurance more than anyone else: 

  • Breadwinners. If there are family members who depend on you financially, life insurance is a must. It is an income replacement that will support your beloved ones financially if something happens to you. 
  • Single mothers. Statistically, over 40% of American children are born to unmarried mothers. If you are one of them, life insurance is a perfect way to protect your children and provide them with a safety cushion.
  • Single people with no kids. You may wonder, why does a single person need life insurance? The reason is that it is better to get a life insurance policy as early as possible. The earlier you get it, the less you will have to pay for it. 
  • Business owners. If you are a business owner, you do not want your beloved ones to handle your business debts. It may be a significant financial burden for them. Therefore, it is better to get life insurance that will pay off your debts if necessary. 
  • Stay-at-home patents. Life insurance does not replace the income of stay-at-home parents, but it provides the finances that will be used for covering all the jobs a stay-at-home parent was doing. 

If you belong to one of the above-mentioned categories, you should think of getting life insurance. It will provide financial security to your beloved ones and give you peace of mind. If you are looking for a trustworthy insurance agency in Webster Groves, MO, do not hesitate to contact Travers Insurance – we will do our best to answer all of your questions and help you find a policy based on your needs and budget. 

Posted in Life InsuranceTagged Travers Insurance, Webster Groves MO

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