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Ten Reasons to Purchase Life Insurance

Life Insurance

Did you know September is Life Insurance Awareness Month? It’s no secret that life Insurance can be an overwhelming topic to think about. It’s difficult to imagine an unexpected loss in your family or to think about the time when you may not be around anymore. However, we want to help provide you with peace of mind should this ever occur.

Here at Compass Insurance, we can’t stress the importance of having life insurance enough. It’s devastating to see someone unexpectedly pass away and not leave anything behind to help their loved ones maintain financial stability. However, there are other uses and reasons to purchase life insurance as well. Here’s a list of our top 10 reasons to buy health insurance:

  • Pay off or reduce home mortgage
  • Create an education fund for you children upon your premature death
  • Pay burial and other final expenses
  • Pay off car loans, credit cards and other debt upon your premature death
  • Provide for a loved one with special needs
  • Leave a charitable legacy
  • Collateralize a business loan
  • Fund a buy-sell agreement
  • Protect future insurability
  • Replace income lost due to death of wage earner

Compass Insurance Services has various life insurance products and plans to offer you. Our dedicated and knowledgeable staff will help guide you to make the best life insurance decision for your family. Please don’t wait another day to purchase your life insurance. Call us today at (715) 693-0100 to schedule a meeting. We would be happy to hear from you!

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