Insurance Questions and Answers

When shopping for insurance, four basic questions are asked. Here are our answers:

	Why do I need to buy insurance?
	Which type of insurance should I buy?
	How much insurance do I really need?
	Who can I contact to help me?

 

Life Insurance is a vital financial piece to any financial puzzle. It provides income when there is a loss of a main income provider's salary.

 

The average household in the U.S.A. and Canada has no life insurance coverage, while other households have very little protection to secure their family in the event of an untimely death of a loved one. This lack of a financial safeguard could force a family to struggle to keep ends meet. The dreams of higher education and retirement are lost during a family's most difficult time.

Insurance is a gift of loving and caring. When you die, your life insurance benefits can cover your lost income and pay expenses. It can even aid in carrying out your benevolent wishes

We all worry about our loved ones. If you were to die tomorrow, would your loved ones be financially stable? Would they be able to live comfortably? Stay in the same home? Continue their education? Could your spouse support your family's needs?

Most of us answer "No" to any of one of these questions. If you need the comfort of knowing your family is secure, than its time to purchase life insurance.

For more information, go to www.life-line.org .

Choosing the right insurance is based on your needs for today and your plans for the future.

Term Insurance - Is usually the least expensive to purchase and provides temporary coverage. The Slovak Catholic Sokol offer term plans with level premium over the premium payment period. 

Permanent Life - Gives you a guaranteed cash value besides giving you a guaranteed death benefit. The cash value can be a good income supplement when you retire. The premiums usually cost more but the amounts stay level. The Slovak Catholic Sokol offers 5 plans for your needs.

For more information, go to www.life-line.org/life_what_dec.html .

Its important not to be under insured, especially when you have loved one's to financially support. Its important to know what your financial plans are for you and your family.

Is your family sheltered from financial losses when you die? You need to understand your fiscal impact you have on your family and what your family financial goals are for tomorrow. Our Home Office can assist you in understanding how your financial planning can be complemented with one of our plans to fit your needs.

To calculate your insurance needs on-line, go to www.life-line.org/life_how.html

The Slovak Catholic Sokol Home Office can help you with your insurance questions and help you find the right plan or combination of plans to fit your needs. Contact us during regular business hours.

To learn more about general life insurance information, go to www.life-line.org .

Slovak Catholic Sokol