Home and Family
There's More at Stake Than You May Think.
Being single comes with a lot of responsibility. You work hard to provide for yourself and are proud of everything you've achieved on your own. Having only your personal financial needs as a concern, you may think that insurance is not for you. But the fact is everyone needs insurance. If something were to happen to you, how would you make ends meet? Who would pay your bills? If you're a single parent, how could you continue to provide for your kids? Don't risk having everything you've worked for taken away. Maintain your independence with proper insurance planning.
If you depend on your income, and your income alone, you have a lot riding at stake. Your income is your most valuable asset. If you couldn't work, what would you do? Your paycheck would stop, but your bills wouldn't. It's up to you to earn a living to provide yourself with a place to live and the things you need every day. Don't learn that lesson the hard way, protect yourself with disability insurance.
If your life were cut short by a sudden death, who would you leave behind to plan your funeral? A life insurance policy can cover your final expenses and make sure your family has no worries. Life insurance can also be used to leave a legacy. Wouldn't it be great to leave a sizable donation to your religious organization, alma mater or favorite charity? Why not start a college education for your nieces or nephews, etc. There's so much you can do.
Say "I Do" For Each Other.
Getting married can be stressful. From planning the big day, to adjusting to sharing your life with the one you love, there's a never-ending list of things to do and decisions to make. If you're a newlywed, or soon to be one, insurance is probably the last thing on your mind; yet it's something that can't be overlooked. Likewise, if you're getting remarried, your financial situation is going to change as well. No matter what stage in married life you're in, one of the most important steps you need to take as Mr. and Mrs. is reviewing your disability and life insurance plans.
You and your spouse work hard to give each other what you want and need. That's why your income is simply your most valuable asset. Your ability to work and earn paychecks is essential to having the life you've dreamed for each other. If you were unable to earn your paychecks, what would happen? Most couples depend on two incomes to make ends meet. The loss of income can mean a drastic change in lifestyle. Disability insurance can help prevent a financial disaster.
You and your spouse count on each other every day, so you'll want to be sure you both are financially protected in the event something were to happen to one or both of you. For newlyweds, life insurance isn't something you want to think about, but you need to for each other. No matter how long you've been married, if you died suddenly, would your spouse have enough money to cover funeral costs, outstanding loans, credit card balances, daily living expenses and future obligations? Life insurance can help.
Time to Take Care of You.
Going through a divorce may be one of the most difficult things you've had to do. Whether you were married three months, three years or three decades, no longer having your significant other will impact your life in many ways, especially financially. If you have children, the situation can be even more complicated. During this time, the last thing you want to do is think of your insurance needs, but it's an important issue that you can't afford to overlook.
From a financial perspective, you may feel like you're starting all over again. Now, more than ever, your ability to work and earn a paycheck is something you simply must count on, as your livelihood depends on it. As a single-income household, what would happen if your paycheck stopped? Could you continue to support yourself or your children? There's never been a more important time to protect your income.
The added pressure of making financial and legal decisions at this time can be overwhelming, but with proper planning, it doesn't have to be. It's time to start looking to the future and taking care of you. The appropriate life insurance plan can offer you the peace of mind that you and those who are depending on you will be protected if something were to happen to you.
There's One More Thing To Inspect.
Everyday, Americans across the country fulfill their dreams of buying a home, and for many different reasons. There are first timers excited about ownership, expectant parents needing to increase their living space, empty nesters downsizing to something fit for two, new hires relocating to brand new cities, and retirees finding something just right. No matter what the case is, buying a home is a big deal - one of the biggest financial decisions you can make. But the most important step you need to take before you remove the 'Sold' sign from the front lawn is reviewing your disability insurance and life insurance plans.
In addition to protecting your home and property with homeowner's insurance, you want to protect your ability to pay for them. Your income is one of your most valuable assets. In fact, your ability to pay your mortgage, maintain your property, and keep your home depends on it. The loss of an income can mean a drastic change in lifestyle; including the home your family has made its own. If you were to become sick or hurt and unable to work, could you continue your mortgage payments? Disability insurance can help ensure you can.
If you were to die unexpectedly, could your family take care of the mortgage? What would they do? It's important to protect your ability to pay for your home and ensure that your family will be able to afford living there should something happen to you. No one wants to think about untimely death, but as a homeowner, it's your obligation. A life insurance policy can be designed that could pay off your home and ensure your family can continue the lives you're built for them.
For Parents, It's Simply a Must Have.
Kids grow up so fast. Whether you're a new parent, an experienced parent or about to become one through birth, adoption or foster care, no amount of planning can prepare you for what lies ahead. Children and grandchildren are one of the most wonderful experiences in life. They look up to you and count on you for love, security, guidance and everything they need. As they grow from infancy to adolescence to adulthood, you want to protect them. One of the most important things you need to do as your family grows and changes is reviewing your disability and life insurance plan.
Diapers. Toys. School bags. Soccer games. Graduation caps. Car keys. No matter what stage in life they're in, kids need a lot of things. Without an income, you wouldn't have the ability to provide such things for your children, let alone maintain the standard of living your family has grown accustomed to. That's why your income is one of your most valuable assets. The loss of income can mean a drastic change in lifestyle. With a paycheck, how would you provide for your children? A disability insurance plan can help ensure your children won't ever have to worry.
An addition to your family will generally increase your need for insurance, due to increased expenses and potential changes in your financial goals and priorities. Likewise, if you already have life insurance, the birth or adoption of a child or grandchild is a good time to review your coverage. As a parent, you want to ensure your children's financial security and protection. Whether you're looking to fund a college education or protect your family in case you die prematurely, you can safeguard your child's future with the right life insurance plan.
More Important than Picking Her Roommate
Choosing your future path is one of the most important decisions you have to make and education is a valuable companion throughout your journey. As the cost of education rises, whether you're planning to send your kids to college or just beginning or continuing your own education, it is very important to begin planning in advance. Protect your college savings and future educational opportunities should anything happen to you with the help of Illinois Mutual.
College expenses can take a big chunk out of your income. So what would you do if your income stopped? If your paycheck went away, the tuition bills won't. Don't take the chance of having to put school on hold, while you figure out your next steps. Be proactive and safeguard your ability to pay for education with income protection.
Whether you're looking to fund a college education or protect your family in case you die, you can safeguard your loved ones' future with the right life insurance plan. Increased expenses and potential changes in your financial goals and priorities will generally increase your need for insurance. Likewise, if you already have life insurance, planning for college is a good time to review your coverage.
Work and Business
The Power is in Your Hands.
A woman's work is never done; let alone a working woman's. You host dinner parties and sales meetings. You write business plans and notes for your kids' lunches. You're the backbone of your family and your career; someone that your business and family is proud of. But what if something were to happen to you? Over the years, women have fought hard for fairness and equity, but often overlook a very important responsibility that's right in front of them. That is, proper insurance planning for yourself and your family.
You put in long hours at work and sacrifice time at home to ensure your family has what they need. That's why your income is your most valuable asset, one that needs to be protected. Too often, women are overlooked for disability insurance, yet they are the ones who need it the most. The fact is, your paycheck is just as important, if not more to your family. Take the necessary steps to ensure your paycheck is protected.
Whether your family includes a spouse, children, pets or all of these, they are counting on you each and every day. Without you, things just wouldn't be the same. If something were to happen to you, you'll want to be sure your family doesn't have to worry about making ends meet. Don't put their dreams in jeopardy by not planning ahead with proper life insurance coverage.
More Important than Cooking and Cleaning.
You know what it means to be busy. And you're not alone. Millions of people perform the overlooked and underappreciated job of the 'stay-at-home' spouse everyday. From taking care of the kids and folding laundry to grocery shopping and cooking and cleaning, your work is never done. We know your role in the household is invaluable, and the wide-ranging estimates of the real value of this work reflect that knowledge. But have you taken the steps to protect your value to your family. Proper insurance planning is key to your family's future.
In general, the disability insurance DI industry appears to be overlooking the income protection needs of individuals like you. But not Illinois Mutual. We're proud to be one of the first companies to offer disability insurance to stay-at-home spouses when your wage earning spouse has or is applying for coverage. Your job is just as important as the other hardworking Americans who go into an office or organization each day, and it just as important to be protected.
The contribution you make to your family can not be overlooked, especially when it comes to life insurance. What would happen if you died before your spouse? How would he or she take care of your family, your home and the things you did everyday? While it's not something you want to think about, it's important to plan ahead and make sure your family will be OK.
New Hats Bring New Responsibility.
Whether you're starting your first job straight out of college or making a radical mid-life career change, a new job, or even a promotion, brings exciting new opportunities. You may be taking on a higher salary and increased responsibilities meaning greater financial considerations. With new things to learn, you'll have little time to think about what's best for your financial future. Make the first step in your planning process a review of your disability and life insurance needs.
A new job or promotion can mean more money, and more money means new things like a new car or bigger home. It won't take you or your family long to get used to a new standard of living. But what if that new paycheck stopped? What would you do? Income protection can help ensure your family will be safe. Even if you already have a policy in place, now's the perfect time to review and update your coverage.
If you do not have a life insurance plan, there is no better time than now to start thinking about a plan that can offer you the peace of mind that your family will be protected if something were to happen to you. If you already have a plan, now is a good time to review the coverage and see if the coverage meets the needs of your life changes.
There's a Lot at Stake for Your Business.
As a small business owner, you know what it means to be responsible. In addition to the long hours and hard work, owning a business brings an array of other responsibilities whether you're just opening your first corner shop or running a long-time establishment with a payroll of employees. Owning a business can bring you great success. But with great opportunities comes great risk. Don't let your income or your life be at risk. Make the first step in your planning process, review of your disability and life insurance needs to ensure both you and your business are protected.
As the revenue generator for your business, you becoming sick or hurt and unable to work could be your business' worst enemy. Just think about it - how would you pay your business' monthly expenses, such as rent and utilities if you were unable to work, not to mention the obligations you have with your family back at home? The fact is, your income is one of your most valuable assets, as your business, employees and family depends on it. The right disability insurance products can protect your family, your investment and even help you attract and retain quality employees.
While it's something you don't want to think about, you want to ensure your business is protected with the right life insurance plan. Your premature death or the death of a key employee can seriously impact your business. Protect your business as well as your family with life insurance products designed specifically for your business size and situation.
Health and Dependancy
Save Yourself From Added Loss.
It's hard losing someone you love, especially when it is unexpected. No one can ever be fully prepared to deal with the feelings of grief, anger, sadness, and fear that follow such a separation and few are fully prepared to face life once again. The last thing you want to do at such a time is think of your insurance needs, but it's an important issue that you can't afford to overlook.
The loss of a loved one can be emotionally draining. You've experienced how life can change in an instant. A sudden accident or illness can be just as surprising. The last thing you need to worry about now is losing your own paycheck. Don't take the chance of being unprepared. Instead, take the necessary steps to protect your income.
Grieving for a lost loved one or lost relationship is one of the hardest things you can face, and most who do tend to postpone important decisions that can affect themselves and their family. But properly insuring yourself and your family can't be one of those things that are put off. You've seen first hand the difference having life insurance can make, now it's up to you to protect yourself and your family.
It Could Happen to You.
Life sure does have its share of surprises and most of us aren't always prepared for a sudden change in our health. Diabetes, cancer and even a heart attack can arise without warning. Though we all hope we never experience this, it is surely a consideration that should not be ignored. Disabling injuries and illnesses can affect people in every walk of life. Take the necessary steps to ensure you're protected.
A disability can strike at anytime. It's important to be proactive and protect your income in case it does. Your livelihood depends on it. However, if you already have a serious health condition, and have successfully managed it and continue to work, you can still get coverage. It's not too late to protect your income, in fact there's no better time. Illinois Mutual offers income protection options that are designed just for you.
Whenever life takes an unexpected twist, there's no better time to take a moment to review your life insurance plan. If you do not have life insurance, there is no better time than now to start thinking about a plan that can offer you the peace of mind that your family will be protected if something were to happen to you.
One Big Happy Family, All Under One Roof.
Today, there's a new generation of people who are 'sandwiched' between caring for their aging parents or in-laws while supporting their own children and sometimes even grandchildren. If this sounds like your family, then you're no stranger to doing what it takes to protect those you love. Each day brings a challenge to balance giving of yourself to mom and dad, and raising your own family at the same time. With different issues happening in different life stages to different people, all under one roof at once, you don't want to overlook the importance of proper insurance for your family.
You have many people who are depending on you and your ability to bring home a paycheck. That's why your income is your most valuable asset; one that needs protecting. What would you do if you couldn't work? How would your family make ends meet? It's so important to take the proper steps to ensuring that your unique situation is not complicated further by the loss of your income. Protect it with disability insurance.
If your life were cut short, there's no denying the effect it would have on your family. You're there for each other every day, so make sure they don't have to worry if something were to happen. With proper life insurance, you can make sure that your close knit circle is not financially troubled.
They Were There For You, Be There for Them.
Mom and dad. You've had your ups and downs, but you've been through it all together. From scraped knees and ponytails to prom dates and wedding dresses, they've been there for you. However, at some point, your parents or in-laws may need you if they become ill or unable to care for themselves. If so, are you financially prepared to help pay for their long term care without dismissing your own lifestyle? Illinois Mutual can help you plan for providing elder care.
This can be a tough time for all, as your roles change and decisions must be made. You want to do what's best for them, while maintaining the pace of your own life. If your parents are dependent on your income, then you need to look into disability insurance. Your income is one of your most valuable assets and the loss of your income could mean a drastic change in lifestyle for those who depend on it.
If your parents do not have life insurance at this time, they may no longer be qualified or able to afford it. If you provide financial support for your parents, you may need a life insurance policy of your own that names your parents as beneficiaries for additional protection against your premature death. The appropriate life insurance plan can offer you the peace of mind that your family will be protected if something were to happen to you. Illinois Mutual is here to answer all of your questions and help you plan for your future.
Retirement and Legacies
The Future Looks Bright.
You're looking forward to your retirement, but are you doing it right? Like most things in life, you'll get the most from retirement by planning, and there is no better time than now to start. You should also consider reviewing your insurance coverage to be sure they support your long-term goals. Illinois Mutual can help you assess your future financial needs and recommend solutions to make sure that your retirement is enjoyable and worry free.
Your income is one of your most valuable assets and the loss of your income could mean a drastic change in lifestyle for those who depend on it. If you were to become sick or hurt and unable to work, how would you provide for your spouse or other loved ones? If you have to dip into savings now, your retirement savings will only decrease. Protect your future savings, by protecting your income now.
Consider what happens to your employer-sponsored insurance benefits after you retire. Unless you are eligible for continued coverage in retirement, some benefits such as life insurance may end after you stop working. If so, you need to arrange for individual coverage so you can provide a secure future for your spouse and other loved ones after you're gone.
Empty Nests Bring Many Changes.
She's all grown up; he's packing away the baseball gloves. The day your last child leaves home will be both a happy and sad one, one you might not be able to emotionally prepare for. But you can make sure you're financially prepared. With the children gone, you may have decreased expenses, but that extra amount shouldn't be taken for granted. What if the children have to move back home? What if one announces an engagement? A baby? Plans for graduate school? Insurance planning can help you prepare for this change in life.
With the children gone, you might find yourself saving more on top of your income. Even so, your paycheck is something that you've been counting on all these years, and it's still what will take you into the future. The loss of your income could mean a drastic change in the lifestyle you've envisioned for yourself in your new empty nest.
Your grown children are excited to begin a new life, start new families, and dream big dreams. Your sudden death could impact their new path. Protect them with proper life insurance planning.
Ensure You Live On, Even After You're Gone.
It's better to give than to receive, and there's no better feeling than giving charitably. Charitable giving is a primary objective for those who wish to leave a legacy and pass on a portion of their assets to a favorite charity, church or other not-for-profit organization. It's a great way to be remembered, as someone who really cared.
Personal life insurance is a planning tool that can be utilized to effectively increase your gift to a chosen organization. By using a life insurance policy to accomplish this objective, there are significant financial benefits for the charity receiving the gift and you giving the gift.
The charity will receive a sizeable guaranteed gift that it otherwise would probably not receive. It won't fluctuate as it might if it consisted of a stock portfolio. If the policy is an outright gift, the charity has access to the cash value and dividends even during your lifetime. Death proceeds of a life insurance policy are not subject to federal income taxes, so the charity will receive the entire face amount of the policy. Life insurance proceeds do not pass through probate, so the charity avoids both time and cost in collecting the gift. You may receive a current income tax deduction for the annual charitable gift that in turn funds the premium payments.
Your Estate is in Your Hands.
Planning is an important part of life, especially when it comes to ensuring that your financial affairs are in order. Estate planning is the process in which you arrange the transfer of assets in anticipation of death. It exists to assure that your accumulated wealth passes according to your intent, to assure that the accumulated wealth is not wasted in paying unnecessary death taxes and to assure timely payment of estate obligations.
Through proper planning and using the right tools, you can design an efficient way to show your family that you truly care about them. Life insurance can be effectively utilized to accomplish this objective. The primary purpose of life insurance is to provide your loved ones with the protection needed to ease the financial burden of death. Estate planning allows you to create a plan so everything you've worked for throughout your life can live on.
Creating a Balance for Your Heirs.
You've worked hard throughout your career and made sound investment decisions and sacrifices to ensure a financially secure retirement. As a parent, you are also concerned with planning and providing for an equitable distribution of your assets to your children. Many list this as a primary concern as they have seen their net worth grow over time.
There are situations where life insurance can provide an effective and immediate solution to equalizing an inheritance. This is especially true in cases involving family owned business where one child will someday take over the operation while the other child has no interest in the business. If the business has significant value and provides a lucrative opportunity for one child, the other child will maybe not receive their fair share of the estate unless specific strategies are implemented.
A life insurance policy on the parents / owners equaling the value of the business and making the disinterested sibling the beneficiary can provide a strategic solution for this situation and can ensure an equitable distribution of assets. There are many cases were inheritance equalization is a primary planning objective. Through the magic of life insurance and a well structured plan, you can creatively implement a strategy, which can ensure distribution of your assets to your children will be equitable.