No one anticipates a tragedy that might prevent them from providing for their loved ones. But tragedies do unfortunately happen, even events as unimaginable as the loss of life. It is important to understand and be prepared for that slim but real possibility.
When deciding between Life Insurance and Accidental death insurance you should understand how your money will best be applied to keep your family’s future secure.
Accidental death insurance pays only if you die in an accident and only 5% of deaths occur due to accidental causes. You are only paying for partial coverage. However, a life insurance policy will pay regardless of the cause of death. Your money is covering you and your family’s future to the fullest.
It’s important you understand the distinction and confirm your coverage with your insurance agent. If you have a family and you don’t have life insurance you should strongly consider making a change.
