Individuals

There are many personal uses of insurance, but the primary purpose is to protect an individual or family from the financial hardship that could occur from an unexpected injury, illness, or death.  Here are some reasons an individual would consider owning insurance:

• You have a young family
• You are the primary breadwinner in your household
• You have substantial debt
• You are a homeowner with a mortgage
• You are a stay-at-home spouse or parent that provides valuable domestic services that would otherwise cost the family time and/or money to replace
• You are elderly and don't want to leave the financial burden of your long-term health care or funeral to your loved ones
• You own a business
• You are planning your estate
• You are looking for tax-efficient ways to accumulate or gift wealth