Life Insurance
Family is important to those living in Indiana. Take care of dependents and ensure that your loved ones are cared for even after you are gone. With life insurance, you can provide a financial gift that will secure them at the time of your passing and give you a sense of peace knowing they will be cared for. Below are the most common uses for life insurance from Hoosier Hills Insurance Agency.
Final Costs and Services
At the time of your passing, some services need to be done for your memorial and properly put your remains to rest. Instead of putting that financial obligation on your already mourning loved ones, put a policy to cover these expenses.
Eliminate Any Debt
While some debt is erased when you pass, any property with a lien or mortgage against it will need to be taken care of. If you intend for your loved ones to inherit and utilize that property, you should leave enough funds to cover this debt. Without it, it will be returned to the lender.
Inheritance Options
It may have been your goal to provide money for college tuition, wedding expenses, or even a down payment on a home. If you do not currently have that money set aside, you can include it in a life insurance policy if you suffer an expected demise. You also do not have to put specifications on these funds and can decide to leave them a financial gift that will help them with their expenses moving forward.
Would You Like More Information?
Contact our agents at Hoosier Hills Insurance Agency if you live in Indiana and would like more information on a life insurance policy. We are happy to answer any questions and get you a personalized quote.