Happy New Year! It’s Time to Consider a Triangle of Protection


Clay Stewart, Agent

State Farm Insurance

How would you and your family cope financially if you became ill or injured and couldn’t work, if your home were seriously damaged, or if you died unexpectedly?

If you’re not sure where the money would come from, we can help you identify the protection you may need to help keep your family and home secure. We can assist in designing a triangle of protection tailored specifically for you — life, disability income, and homeowners insurance.

A Triangle of Protection Just Makes Sense in Safeguarding the People and Possessions That Matter Most to You.

Your homeowners insurance policy is a great first step toward protecting your home and possessions. But it’s only one part of your financial picture. Too many people lose their homes because they don’t have insurance coverage that provides funds in case of death or disability. We can help you establish a triangle of protection that includes:

  • Life insurance, which may be used to help pay off your mortgage and keep your family in your home if you die prematurely.
  • Disability income insurance, which may help you make mortgage payments if you’re unable to work due to a covered disability.
  • Homeowners insurance, which offers protection for damage to your home, the roof over your head, and your belongings inside.

Do You Have Enough Life Insurance?

Ask yourself how much your family will need after your death to meet immediate expenses — and then how much they’ll need long-term to maintain their standard of living. Do you have enough life insurance to help your family cover outstanding bills, pay off a mortgage, fund a retirement, or cover a child’s education? Life insurance is a key component of the triangle of protection because it helps provide the funds your family may need for the future. Call us today to determine the type and amount of life insurance coverage that’s right for you.

Are You Covered for a Disabling Injury or Illness?

Many people underestimate the risks of becoming disabled, and aren’t prepared financially for the months or years it may take to recover. In fact, 1 in 5 Americans live with a disability, and 1 in 10 Americans live with a severe disability1. If you stopped earning an income because of an injury or illness, could you pay your mortgage? What about expenses like child care, utilities, groceries, credit card payments, and medical bills? Disability income insurance is another critical piece of the triangle of protection because it can help you and your family cover these costs. Ask your State Farm agent about the coverage available for you.

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