{"id":36,"date":"2022-12-21T04:00:00","date_gmt":"2022-12-21T10:00:00","guid":{"rendered":"https:\/\/www.einsteinins.com\/blog\/?p=36"},"modified":"2022-12-24T02:26:23","modified_gmt":"2022-12-24T08:26:23","slug":"5-benefits-of-having-a-life-insurance-policy","status":"publish","type":"post","link":"https:\/\/www.einsteinins.com\/blog\/5-benefits-of-having-a-life-insurance-policy\/","title":{"rendered":"5 benefits of having a life insurance policy"},"content":{"rendered":"<p>Few understand the importance of life insurance. According to the Life Insurance Marketing and Research Association (LIMRA), nearly half of all U.S. consumers are without even basic coverage. Their most recent report, &quot;Facts About Life 2021,&quot; details the misinformation and misconceptions that surround life insurance.<\/p>\n<p>Luckily, Einstein Insurance is willing to set the record straight. Serving the greater Portland, OR community, we&nbsp;understand&nbsp;how valuable life insurance is at every stage of life.<\/p>\n<h2>Here are&nbsp;the top five benefits of purchasing a life insurance policy:<\/h2>\n<h3>Protect your family<\/h3>\n<p>Life insurance isn&#8217;t for you. The main purpose of these policies is to protect your loved one. After you pass, life insurance will continue to provide for your family.<\/p>\n<h3>Replace lost income<\/h3>\n<p>In LIMRA&#8217;s report, 42% of those surveyed expressed financial hardships if a wage earner were to pass unexpectedly. Life insurance helps fill this gap, supplementing lost wages and minimizing this burden.<\/p>\n<h3>Pay off debts<\/h3>\n<p>Bills won&#8217;t stop just because you&#8217;re gone. To prevent them from piling up, the payout from a life insurance policy could go towards a mortgage, loan, or other outstanding expenses.<\/p>\n<h3>Cover burial costs<\/h3>\n<p>This is the main reason individuals purchase life insurance. In fact, 83% of all participants in LIMRA&#8217;s survey cited this as their sole motivation for owning a life insurance policy.<\/p>\n<h3>Added financial security<\/h3>\n<p>There&#8217;s no price tag on peace of mind. Life insurance is a security blanket, shielding you, your spouse, and your children from the unexpected and the unpredictable.<\/p>\n<h3>Contact Us Today<\/h3>\n<p>Einstein Insurance in Portland, OR is here for more than just education. In addition to busting these myths, our dedicated team can create a personalized life insurance policy that&#8217;s right for you and your family. Call to set up an appointment today.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Few understand the importance of life insurance. According to the Life Insurance Marketing and Research Association (LIMRA), nearly half of all U.S. consumers are without even basic coverage. Their most recent report, &quot;Facts About Life 2021,&quot; details the misinformation and misconceptions that surround life insurance. Luckily, Einstein Insurance is willing to set the record straight. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[14,13],"class_list":["post-36","post","type-post","status-publish","format-standard","hentry","category-life-insurance","tag-einstein-insurance","tag-portland-or"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.einsteinins.com\/blog\/wp-json\/wp\/v2\/posts\/36","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.einsteinins.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.einsteinins.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.einsteinins.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.einsteinins.com\/blog\/wp-json\/wp\/v2\/comments?post=36"}],"version-history":[{"count":1,"href":"https:\/\/www.einsteinins.com\/blog\/wp-json\/wp\/v2\/posts\/36\/revisions"}],"predecessor-version":[{"id":37,"href":"https:\/\/www.einsteinins.com\/blog\/wp-json\/wp\/v2\/posts\/36\/revisions\/37"}],"wp:attachment":[{"href":"https:\/\/www.einsteinins.com\/blog\/wp-json\/wp\/v2\/media?parent=36"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.einsteinins.com\/blog\/wp-json\/wp\/v2\/categories?post=36"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.einsteinins.com\/blog\/wp-json\/wp\/v2\/tags?post=36"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}