Plano TX Insurance Agency

The Real Price of Having No Insurance

If you have no health insurance, for whatever reason, you should know the risks!

Life insurance, disability insurance, and long-term care insurance are all services that get pushed onto the backburner for those who don’t think that their budget can stretch to it. While it can be morbidly unpleasant to think about the future, death, or long term illness, it should not be completely ignored.

Before you put insurance on the ‘when I have more income’ list, or the ‘think of it later’ list, consider the risks of being uninsured first.

Life Without Life Insurance
Life insurance covers expenses that you cannot provide for after you pass. This includes funeral expenses, remaining debt, and ongoing living expenses without your income. It’s primarily to cover finances that your family may not be able to once you are gone. Without this insurance, your family may be financially strained before and after you die, along with worrying about bills and expenses.

Disability Insurance
While this is not a type of insurance that is on the top of many people’s priority list, it’s not unlikely that a major accident or illness will leave someone unable to work. Without an income, most Americans could not last one month without experiencing money worries. Disability insurance provides replacement income if you are in an auto accident, or are diagnosed with a terminal illness and do not work for a period of time.

Long-Term Care Insurance
More than two-thirds of people will need some type of long-term care, either in their own home or at a residential care home. The expenses of a skilled nursing home care, or daily carers can be exorbitantly high. Anyone can suffer from an accident or an injury that requires long-term care.

It’s extremely important to purchase life, disability, and long-term care insurance from an independent insurance agent that you trust. Here at Tri-Star insurance professionals in Plano, Texas, we provide you with the most life insurance coverage at the right rate. Contact us today to get your personalized quote!