Telegram - Serving Metropolitan Detroit Since 1944

Have you ever lost a loved one? What was that like? Did you have to help arrange the funeral? Did you and your family have to contribute payments? Do you know who was responsible for resolving your loved one affair after death? Did you know there are ways to make this process less stressful and at ease?

Clifton Lamont Roach II,Financial Representative at Northwestern Mutual says, "One of the best things you can do for your children is never become a financial burden on them. Protect your family with the proper amount and right type of life insurance."

Life insurance is a contract between the insurer promises to pay a designated beneficiary a sum upon the death of an insured person. In 2004, a non-profit organization Life Happens, founded this initiative to educate on the importance of having adequate life coverage. Now every September is Life Insurance Awareness Month (LIAM). The Telegram spoke with two of Michigan's finest financial experts, who both agree life insurance is essential.

"If husbands/wives and mothers/fathers knew what widows and orphans know. Then we would be more in tune with why life insurance. It's not just about putting your loved one away. That's a part, but it's more about maintaining a quality of life for those that you love and value most. Having a means to eliminating unresolved debt left behind. As well as providing a living benefit in the event of a critical illness. Life insurance will provide for your family in a way that your other insurances can't," saysPrimerica Representative Labrian Jordan.

According to LIMRA's 2020 Insurance Barometer Study, 54 percent of all people in the United States were covered by some type of life insurance. A little less than half the United States is uninsured. The great and benefits of life insurance is the financial security. It can help to financially protect your family, it helps pay off debts, it can replace lost income and pay any medical or final expenses. Life insurance can cover funeral expenses and help to pay for future education expenses.

Do you have life insurance?