Life Insurance Awareness Month is Your Time to Reflect, Review, and Revise
August 28, 2024
Every September, the industry — led by Life Happens — comes together to sponsor Life Insurance Awareness Month (LIAM). This campaign is designed to educate consumers about the importance of life insurance and its role in protecting families’ financial security. 1891 Financial Life is proud to once again support LIAM.
Celebrate Life Insurance Awareness Month with 1891 Financial Life!
Life has its twists and turns, and while we can't predict the future, we can certainly prepare for it. At 1891 Financial Life, we believe in protecting what matters most — your loved ones. Life insurance isn't just about policies and premiums; it's about ensuring that when life happens, your family can continue to thrive without the added stress of financial worries.
September is Life Insurance Awareness Month, a time when 1891 Financial Life emphasizes the importance of life insurance. It’s a reminder that protecting your family’s future is one of the most meaningful things you can do.
While it’s great news that half of Americans already have life insurance, there’s still a significant need for more coverage. According to the 2024 Insurance Barometer Study, 62% of people without life insurance say they need it, and 22% of those who have it feel they need more. That’s 102 million Americans seeking the security that life insurance provides.
Take a moment to ask yourself:
- Do I have life insurance? If not, what’s holding me back?
- Do I need life insurance? How much should I have? Which kind should I own?
- Is my life insurance still the right fit for me?
- When is the last time I reviewed my coverage?
- If I own term insurance, when does it expire, and what’s my plan after that?
- Is term the best way for me to go at this point?
- Is my current coverage affordable and sufficient to meet my family’s needs?
- How do I determine my family’s needs
- Have I gone through any major life changes since I last reviewed my policy?
- Marriage, children, a new home, a job change, or retirement?
- Is my beneficiary designation current?
- Is it time to update and make necessary changes?
- Do my loved ones know what to do to access the benefits when the time comes?
- Are they aware of the intent of the coverage.
- Do I know where my policy paperwork is, or is it time to track it down?
- Have I kept my insurance papers organized and accessible to my beneficiaries?
If you’re unsure about any of these questions, now is the perfect time to reach out to us! Our experienced team at 1891 Financial Life is here to guide you, answer your questions, and ensure you have the right coverage for your needs.
No question is too small when it comes to protecting your family. Let’s make this Life Insurance Awareness Month a time to secure peace of mind for you and your loved ones. Contact us today!
Happy Life Insurance Awareness Month from all of us at 1891 Financial Life!
About 1891 Financial Life
Our culture is about looking out — for you, for others, for family, for the community. That is how we go “Beyond Life Insurance.”
At 1891 Financial Life, we don’t just sell policies, we offer possibilities. We pride ourselves on giving back to the communities that we serve by providing quality and comprehensive insurance solutions. We are a not-for-profit life insurance Society, which means the sales from these financial service products help fund member benefits along with social, educational, and volunteer programs designed to respond to community needs. In 2023, 1891 Financial Life was listed by Forbes as one of "The World's Best Life Insurance Companies."
Our portfolio is extensive, ranging from various life insurance policies to our annuities to support your financial needs no matter what stage of life you’re in.