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.

Item #283986

Understand how life insurance works Planning Tools

Related Articles

07.09.2018

How Does Term Life Insurance Work

What is Term Life Insurance? Term life insurance is a type of life insurance that helps protect you for a period of time or a term. Terms typically last anywhere from 5 to 30 years but can last longer in some cases. The length of your term is up to you, so you can get life insurance […]

Read Article

07.02.2018

A Guide to Life Insurance Rates by Age

Of all the factors to consider when choosing life insurance coverage, cost is one of the most important. Understanding the ways that life insurance rates change as you age can help you choose the best time to buy a policy. How age impacts life insurance rates When determining life insurance rates, or how much you […]

Read Article

06.27.2018

Filing a Claim: How to Receive Your Benefits in the Event of a Loved One’s Death

Filing a death claim in the event of your loved ones death is something no one wants to do. But it’s important to know how to do it. It can be simple if you have the information and documents you need. And knowing which details to have ready can save you from frustrating delays. How […]

Read Article