Are you looking to rent a new place in 2018? We not only have great rates on auto, home, business and life insurance – we have great rates on renter’s insurance too. You may think you don’t need the insurance, but you never know what your neighbor is doing that may cause damage to your stuff. It’ is very inexpensive to protect your stuff. Call us at (317) 886-0081 or get a quote on line at Scott Lynch Agency.
Whether you are moving to town for a new job or just moving out on your own after graduation – we have the renter’s insurance policy for you. Call us at (317) 420-2867 to discuss our Indiana Renter’s Policy and how it will protect you. You can also visit us on line at Scott Lynch Agency. Don’t forget to ask about our other great policies!
Life Insurance for a Family of One
We spend a lot of time talking about how couples, families and businesses can protect their financial futures with life insurance. But what about if you are single—do you need life insurance, too?
There are those people who have no children, no one depending on their income, no ongoing financial obligations and sufficient cash to cover their final expenses. But how many of those people do you really know? And, more importantly, are you one of them?
I think it’s important, then, to illustrate how a life insurance purchase can be a smart financial move for someone who is single with no children. Asking yourself these three questions can help you get at the heart of the matter:
- Do you provide financial support for aging parents or siblings?
- Do you have substantial debt you wouldn’t want to pass on to surviving family members if you were to die prematurely?
- Did family members pay for your education?
Don’t Take My Word for It
Life insurance is an excellent way to address these obligations, and in the case of tuition, reimburse family members for their support. But don’t just take my word for it. Instead, “do your own math.” This Life Insurance Needs Calculator can help you quickly understand if there is a need—a need you might not be aware of—that could be easily addressed with life insurance.
The most important reason for you to consider life insurance may be the peace of mind you’ll have.
In addition to addressing any financial obligations you might have, the current economic climate has made permanent life insurance an attractive means to help you build a secure long-term rate of return for safe money assets. The cash value in traditional life insurance can provide you with money for opportunities, emergencies and even retirement.
For young singles, keep in mind that you have youth on your side. I don’t mean to sound trite. Instead, I’d like you to think about the fact that purchasing life insurance is very affordable when you’re young and allows you to protect your insurability for when there is a future need—perhaps, in time, a spouse and children.
While all of these reasons are valid, the most important reason for you to consider life insurance may be the peace of mind you’ll have knowing that your financial obligations will be taken care of should anything happen.
Don’t get stuck replacing your stuff from scratch if you don’t have renter’s insurance. Get great coverage and superior service from Erie Insurance. Contact us today for a free quote Scott Lynch Agency