Is life insurance worth it?
You can probably answer this question by asking yourself another question. What would life insurance mean to my family if I wasn’t here? If it would make a big difference, then your answer to Is life insurance worth it? is likely a yes.
Ken Quach, State Farm agent in Houston, Texas describes as it relates to one of his customers, it was a definite yes, and it was just in time.
“One of my customers was a father and the owner of a successful local business. He kept busy running his business, and his wife spent a lot of her time taking care of their kids. We’d talked to them a number of times, asking if they’d like to have a conversation about getting life insurance for him, so their family and their business could go on with or without him. He was young and healthy, so I could tell it was something that wasn’t top of mind. He’d say it sounds good, but we’d talk about it later.”
“When we talked to his wife about it again later, we asked her some questions about her family’s future. With her kids being so young and her husband running the business, we asked her what would happen to her family if something happened to him. They were doing so well, we wanted to make sure that could continue for them. And so, she convinced him they needed life insurance, and they bought a policy,” said Ken.
“Less than a year later, he was killed. His wife came to the office, told us what happened. In the face of such tragedy, we were so glad he purchased his policy when he did. So, we submitted a claim. State Farm Life claims is one of the best out there, and they walked us through the whole process. Soon after, his wife had a check. It may not have helped with the grief she was consumed by, but it did help take away the worry of what she was going to do financially. It gave her some time to cope with her loss and really think about what she wanted to do with the business and with her family’s future. That’s the power of a life insurance policy.”
There’s a lot to understand about life insurance, and we want to make sure you have all the information you need to make informed decisions about protecting the financial future of your family or business. We encourage you to learn more and discuss your unique needs with Matt Watson, State Farm.