RateGenius Insurance

9300 United Drive, Suite 180
Austin, TX 78758

Why Do You Need Life Insurance

Many people would rather not talk about buying life insurance because it gets you thinking about death. Most don’t realize that life insurance is about taking care of your loved ones when you are no longer able to. The independent agents at Rate Genius Insurance have an office in Austin, TX with agents available to assist individuals all over the United States with life insurance policies.

A Safety Net for Your Dependents

One of the most important reasons to have a life insurance policy is to protect your dependents. Because young children are unable to take care of themselves, having life insurance is a great way to make sure that they are secure if you suddenly die. In addition, if you have a spouse that depends on your sole income for support, you may need to acquire life insurance to make up for their expenses. Life insurance could pay for a spouse’s mortgage, rent, utilities, and other necessary items.

The Final Arrangements

Funeral arrangements can become overwhelming, especially if the death is sudden. Having a life insurance policy could take care of these expenses and relieve some of the financial burdens for your loved ones.

“Death” Taxes

Your dependents may have to accept a smaller inheritance by liquidating their assets if they are required to pay federal estate taxes after your death. Life insurance could be used for this purpose. If your heirs don’t have to pay an estate tax, then the life insurance could be used as an extra source of income.

No matter where you are in the United States, you can call the independent agents in Austin, TX about securing life insurance for you and your family. Rate Genius Insurance can also work on other types of policies, including auto, home, motorcycle, and recreational vehicle insurance.