September 14, 2022 · Budget, Insurance, Investment, Retirement
Did you know that September is Life Insurance Awareness Month? How aware are you of life insurance and its many benefits? Is life insurance important to you? Not a big deal? Maybe you’re neutral on it? Some people may consider life insurance to be an afterthought, something they don’t need right away and that they can get around to buying when they’re a little older. Life insurance may just not be considered a necessary expense when you’re starting your career and have limited income since, after all, you’re young, healthy and only going to be using it once.
Another way of thinking about life insurance is that it’s essential at any time of life, and it’s there to help people you care about in what may be an unfortunate time of need. The cost of life insurance varies, and it can be customized to meet financial, age and lifestyle needs. With research and appropriate lifestyle and purchasing choices, life insurance can be both affordable and available.
There are lots of options for life insurance, and it's vital that you find coverage and a policy that precisely fits your needs now and for the future. If you'd like to know more about life insurance, then Members Insurance Advisors1, Delta Community's wholly owned subsidiary, is available to guide members to the appropriate life insurance policy with the assistance of Covr Financial Technologies, Inc.2 and TruStage®3.
For more information that may help you manage your costs and finances, look into the free Delta Community Financial Education Center webinars on a range of practical, “how to” financial topics. Please visit the Financial Education Center's Events & Seminars page to review and register for its on-demand webinars.
The Credit Union’s blog has more information that could be educational and save you some money:
1Members Insurance Advisors is a wholly owned subsidiary of Delta Community Credit Union. Insurance products are not deposits of Delta Community Credit Union and are not protected by the NCUA. They are not an obligation of or guaranteed by Delta Community Credit Union and may be subject to risk. Any insurance required as a condition of an extension of credit by Delta Community Credit Union need not be purchased from Members Insurance Advisors and may be purchased from an agent or an insurance company of the Member's choice. Business conducted with Members Insurance Advisors is separate and distinct from any business conducted with Delta Community Credit Union. The insurance offered is not a deposit and is not federally insured or guaranteed by Delta Community Credit Union.
2Life Insurance products sold through Covr Financial Technologies Inc ("Covr"). Covr sells insurance as an agent or broker by contractual agreements with its insurance carrier providers. COVR is licensed in the following states: Delaware (3000067942), Idaho (607086), California (0L77229). All other state license numbers are available on our State License Disclosure Page.
3TruStage™ Life Insurance is offered by TruStage Insurance Agency, LLC and issued by CMFG Life Insurance Company. The insurance offered is not a deposit and is not federally insured or guaranteed by Delta Community Credit Union. LIFE-1112-C9B