What is Life Insurance Awareness Month?

September is Life Insurance Awareness Month, and serves as a reminder to make sure you have the right life insurance coverage to ensure your loved ones are protected if something were to happen to you.

Studies show many Americans are woefully uninsured. According to the 2019 Life Insurance Barometer Study, 43 percent of households do not have life insurance. Tragedy can strike in many forms and without a moment’s notice. Leaving yourself and your family uninsured and unprotected only compounds the profound loss of a loved one.

Andrea Pirtle of Nashville experienced this firsthand when tragedy struck her family. When her son was just five weeks old, Andrea’s husband passed away suddenly with no life insurance. As a newly single-income household, Andrea was left to face not only the heartbreak of that devastating loss, but also the overwhelming expenses of her husband’s funeral, medical expenses, costs associated with raising a child, their ongoing house payments, and more. The combination of this emotional and financial stress was debilitating, which is why Andrea now champions the importance of life insurance in protecting your loved ones.

Assessing your life insurance needs is a small investment of time to prevent months and possibly years of unnecessary struggle for your loved ones Your policy needs may change over time – a checkup every few years is worth the time. Your life insurance policy should provide the financial amount your family would need to supplement the loss of your salary –– keeping in mind mortgage payments, any outstanding debts, and potential future expenses such as funeral and college. Make sure you are choosing a policy that gives you the lowest rate for the coverage you need. The best way to do this is by comparing quotes.

This Life Insurance Awareness Month, take a moment to ask yourself––if something were to happen to you, is your family protected? If your answer is no, it’s time to decide today to guarantee you and your loved ones a better, safer and more peaceful tomorrow.

Learn more about our 2019 Life Lessons Scholarship winner, Taylor Collins.