Written By: Michole Yaw – American Family Insurance
Raising a young family today is generally accompanied by a lengthy “to-do” list. Likely over the past months, you’ve thought about life insurance, but maybe haven’t quite gotten around to checking it off of your list.
As a Mom and an Insurance Agent, I understand the importance of life insurance for myself, to provide the protection my family needs. I also know that life insurance for my children can accomplish unique advantages today, and for the rest of their lives. A well structured life insurance plan for a child can:
- Guarantee their future insurability
- Lock in low cost, budget minded premiums
- Build a stable cash value
- And provide for a respectable final expense, if ever needed
If your “to-do” list could use a little help, at least in this area, I’d be happy to show you easy to understand options.
Over the phone, by e-mail or in person, we can customize a plan, with your budget in mind. Please let me know how I can make your “to-do” list a little shorter. Grandparents – this can also be a beautiful gift for a new child!
Below you will also find several pieces of information needed to protect yourself and your loved ones should death occur. It’s a tough subject – no one wants to discuss. But it’s so important to be prepared.
How Much Life Insurance Do I Need?
Here you’ll find a simple worksheet to fill out. This will give you a general guide. Add all of your loans, debt, average funeral expenses (about $25,000 per person) to one column. Next, add all of your current life insurance, IRA’s, retirement plan and savings. Subtract that amount from your expenses and the total will give you an estimate for how much you need in life insurance.
Life Insurance Policy Types
Michole Yaw – American Family Insurance.
Address: 512 W 11th St Kearney, Nebraska
Phone: (308) 455-9333
Native to Nebraska. Grew up in my small hometown of Bassett and I now realize is one of my favorite places to go back to and just “check out” from all the busy! My husband Brandon and I just celebrated our 10 year anniversary! We have two awesome boys, one of which Brandon has been the best step father to, Trepper (15) and we have our little red, Escher (6). Mom of boys! Never a dull moment, right?! The boys have both completed their first year of high school and Kindergarten. This mom would love for time to slow down for a bit. Brandon works for US Cellular and manages the business channel for Nebraska. Yes, he travels weekly. He has been with US Cellular since they were CellOne, so 11 years I think? I have been with American Family for a combined total of 9 years now. I took a little break in between there to finish my AAS degree and worked at Good Sam as a Surgical Technologist for 6 years before deciding to go back into insurance. I love working with people and the community so that’s why I was drawn back into the insurance world. I want to help educate the public about their insurance needs. We love Kearney and all the opportunity it has to offer.