Understand how life insurance works

Life Insurance Awareness Month

parents understand life insurance awareness month is important

September is Life Insurance Awareness Month. Many times, Americans think about protecting families with insurance that covers healthcare, homes and cars, but overlook how to protect their family’s future. This month, take a few moments to think about life insurance.

Life Insurance helps provide some peace of mind and security for you and your family in the event of death. Benefits can give your family the ability to help pay the mortgage, bills, and funeral expenses or pay off debts. In the event of an untimely death, it may even be used for family counseling or allowing family members to take time away from work for grieving.

But, not all life insurance is the same. There are many types of life insurance and varying levels of coverage available. The two basic types of life insurance are term life insurance and permanent life insurance (also known as whole life). Term life insurance provides coverage for a specific amount of time, while whole life insurance provides protection that can last a lifetime or for the life of the policy. A life insurance calculator can help decide how much is needed for your family’s unique situation.

During Life Insurance Awareness Month, take the time to see if your family could benefit from knowing they are protected for the future. There are many resources to help you understand how life insurance works and decide if it is the right choice for you.

Insurance products and services are offered by Mutual of Omaha Insurance Company or one of its affiliates. Home Office: 3300 Mutual of Omaha Plaza, Omaha, NE 68175. Mutual of Omaha Insurance Company is licensed nationwide. United of Omaha Life Insurance Company is licensed nationwide, except New York. Companion Life Insurance Company, Hauppauge, NY 11788-2934, is licensed in New York. Products not available in all states. Each underwriting company is solely responsible for its own contractual and financial obligations.

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