I’m Self-Employed. Do I Need Life Insurance?

Decisions about personal finances can be challenging. One important financial decision for many people is whether to buy life insurance. If you live in the Overland Park, KS area, our team at HighPointe Insurance Services LLC would like the opportunity to meet you and discuss the benefits of purchasing life insurance. We’ve been working with clients like you since 2015.

I’m Self-Employed. Do I Need Life Insurance?

One of the many reasons to buy life insurance is to provide financial support for your family after your passing. You might wonder whether a self-employed worker needs life insurance. According to Assured Protect, your beneficiary will likely need financial help to cover funeral expenses. After all, according to World Population Review, the average cost of a U.S. funeral ranges from $7,000 to $12,000.

If you have dependents, the funds from your life insurance can help them make financial adjustments after your death. No matter how small your salary may be, it served a purpose. Replacing part of that income can provide a welcome financial boost for your family. Additionally, if your business has any outstanding debts, your beneficiary can use the insurance payout to settle those bills and close out your business debt-free.

Call Us Today for Your Appointment

It may be difficult to think about your eventual death, but having life insurance ensures your family will have a measure of financial security. Our team at HighPointe Insurance Services LLC takes pride in sharing its many years of experience with all types of insurance. Clients in the Overland Park, KS area have discovered that we provide excellent customer service. Call us today for an appointment, and let’s review your insurance options.