September is Life Insurance Awareness Month, a good time to consider the importance of including life insurance in your financial plan.
While this is not a topic that is enjoyable to think about on a daily basis, it is necessary if you have loved ones who rely on the income you produce. What obligations would be difficult to meet if you were gone? Potentially mortgage payments or rent, daily living expenses, loan payments or even the ability to put aside money for future retirement. Life insurance provides a tax free infusion of cash and is essential when these obligations can't be met otherwise. Fortunately term insurance is relatively inexpensive, especially if you get while young and in good health. Applications can be started online and policies electronically delivered. If you have financial obligations in your life such as a family or mortgage or plan too soon now is the time to take action and secure your good health.