Eighty-one percent of Americans say they need life insurance or need more coverage but haven’t done anything about it, according to a recent survey by The Life & Health Insurance Foundation (LIMRA).

And only about 41 percent of Americans own an individually purchased policy, with most people only having life insurance as an employee benefit.

Life insurance is a simple answer to a difficult question: How will my family manage financially when I die?

There are many types of life insurance, but the bottom line for all of them is the same: They pay cash to your family after you die, helping to replace your income and allowing the financial plans you put in place to continue uninterrupted.

Update Coverage
If you’ve worked hard to establish a solid financial framework for your family—investments, home equity, a savings plan, retirement accounts—life insurance is the foundation upon which it all rests.

It can guard against the need to make drastic changes to future plans if the unexpected occurs. Certain types of life insurance even have a built-in savings feature that can help you reach asset accumulation goals.

Most Americans need life insurance, and many who already have it may need to update their coverage. A life insurance professional agent can help you sort through your options and show you how to find a plan that’s right for you and your family.

AAA Helps You Plan Ahead
Call (800) 333-4242 for the lowest insurance rates and best plans available.
AAA Insurance Agency is a full service life and health insurance brokerage agency.