Marriage is an important time to consider new financial responsibilities. It is important for the breadwinner of a family to insure their income in order to protect his or her new family. An unexpected loss of a spouse can lead to financial devastation as the surviving spouse may be held responsible for the deceased’s debts and financial obligations. Life insurance can help give you peace of mind that in the case of an unexpected tragedy, you will have time to grieve rather than worry about the upcoming expenses.
When estimating the amount of life insurance one needs, typical expenses to consider include:
- Any dependents
- Auto loans
- Credit card debt
- College funding for children
- Student loan debt
With advances in technology, life insurance has never been easier to obtain. With Thema you can get a quote online instantaneously after answering as few as six questions. Approval can happen as quick as 45 minutes after submitting your application.