Most Americans don’t have wills. If you’re among this majority, it may not concern you that the state could wind up distributing your possessions and financial assets. But what about life and death decisions? If you don’t want a stranger making those choices for you, Primerica encourages you to obtain these three legal documents.
1. Durable Power of Attorney for Health Care. Also known as an advance directive or health care proxy, this lets you identify who will make medical decisions for you if you cannot.
2. Durable Power of Attorney for Finances. This designates who will handle money decisions for you.
3. Living Will. This tells doctors (and your family) exactly what type of care you do or do not want to receive if you are terminally ill and incapacitated. (Some states combine #1 and #3 into one form).
Don’t leave such important matters to someone you don’t know. Attorneys will charge you $300-$500 to draw up these documents.* For a subscription fee of as little as $25 per month (in most areas) you can have access to top rated attorneys through the Primerica Legal Protection Program. One of the features of this coverage that is free is will preparation. Plus, document (like Power of Attorney) preparation is just $20 each for covered members.** How’s that for peace of mind?
Talk to your Primerica representative today and put these key safeguards in place to protect yourself and your family.
Tags: attorney, finances, healthcare, lawyer, legal, living will, power of attorney, pre paid legal, Primerica, protection, will preparation
Posted in Primerica |
Having proper life insurance protection – particularly for families with children – is a crucial element to a firm financial foundation. Today, just one third of American adults own a life insurance policy, and among those who do, two out of five think they don’t have enough.1 Some financial experts recommend parents with young children have coverage that’s 10 times their annual income.2
If you haven’t taken a look at your insurance coverage lately, now would be a good time for a checkup. Primerica’s free Financial Needs Analysis (FNA) is an easy place to start.
For many families, term insurance is the most cost effective option. In fact, experts agree that term insurance, which only provides a death benefit, is almost always the best choice. Compared with a whole life policy, term allows the consumer to purchase more coverage for less money.3
Primerica only markets term life insurance. Find out how to get your personalized FNA today!
Tags: financial needs analysis, FNA, life insurance, Primerica, primerica life insurance company, protection, term insurance
Posted in Primerica |
In today’s uncertain economic climate, the last thing you and your family need is to be financially vulnerable. Homeowner’s insurance and life insurance are two key areas that many people overlook or undervalue. In fact, 66% of homeowners are underinsured by an average of 18%1 and an estimated 68 million Americans have no life insurance.2
Primerica encourages you to review your coverage to make sure your home and income are adequately protected.
Homeowner’s Insurance: Homeowner’s insurance should cover 100% of the cost to rebuild, not the home’s value (including the land). That amount of coverage protects you regardless of real estate market fluctuations. Concerned about the increased cost of correct coverage?
Consider changing your annual deductible from $500 to $1,000 and you can save about 20% on premium costs. Shopping around is another great way to potentially save money for the same coverage. It’s a good idea to get new quotes from multiple insurers every two years. Contact your local Primerica Representative to learn about Primerica Secure™, Primerica’s auto & homeowner’s insurance referral program.
Life Insurance: If you have children and are still relying on just your employer for life insurance, you are most likely under protected. If any significant life changes have occurred throughout the year – such as the birth of a child – you will need to review your policy to make sure it still meets your needs. Experts recommend that a family with young children have coverage that’s 10 times the parents’ annual income.3
Even if you think you already have the right homeowner’s or life insurance, it’s not a bad idea to get a second look. For more than 30 years, Primerica has offered financial solutions tailor‑made to each individual client’s needs. Visit Primerica Financial Needs Analysis to find out what Primerica can do for you.
Tags: economic, FNA, homeowner's insurance, life insurance, Primerica, Primerica FNA, Primerica Secure, protection, term, term life insurance
Posted in Primerica, Tips |
