Valentine's Day: Insuring what you love most

- What's the conventional way you show someone…that you care on Valentine's Day?…Do you buy them chocolates?…Roses?…Go for an expensive dinner?…Or maybe you can do something different…that will benefit them for the long term.…What if you gave them the gift of financial security?…Protecting them from things that are unexpected,…tragic, and expensive.…Wouldn't that be great gift?…This is where life insurance comes in.…Most people will have some sort of car insurance…and hopefully some health insurance,…but although the vast majority of people…believe they need life insurance,…many don't have it.…

The most common form of life insurance is term life.…These are policies that are created so that…if a covered individual dies before the policy expires…the beneficiaries will be paid the value…of the insurance policy.…For this coverage,…the covered individual needs to pay…a monthly, quarterly, or annual fixed premium,…but if the covered individual doesn't die…during the policy term…the policy will end and the insurance company…