Princess Anne Office

30386 Mt. Vernon Road

Princess Anne, MD 21853

Life Insurance is the Best Gift that You can Give Your Family

Create a Lifeline that will Last a Lifetime

Create a Lifeline that will Last a Lifetime

You are irreplaceable to your family's future- have you considered how losing you will create a life sized hole in their lives? In the event that you or your spouse should pass, here are some questions that Landmark Insurance can help you with: 

  • How will your family pay off all the debt accrued?
  • Who will save for your children’s college fund?
  • Is the rent or mortgage affordable on a single income?
  • Will your family need childcare services in a single parent household? 

We recognize that everyone’s situation is unique, which is why we offer two types of life insurance policies to choose from:

  1. Term life policies are set up to cover you for a specific period of time. The most common term policies cover for fifteen to thirty years. 
  2. Permanent life policies cover those insured for the course of their life, even if you live to be 100 years old! An advantage is that the policy has the potential to build a cash value that you may borrow against in times of need or use towards retirement.

Six Reason You Should Purchase Life Insurance

  1. Replace income for dependents. If people depend on your income, life insurance can replace that income for them if you die. The most commonly recognized case of this is parents with young children. However, it can also apply to couples in which the survivor would be financially stricken by the income lost through the death of a partner, and to dependent adults.
  2. Pay final expenses. Life insurance can pay your funeral and burial costs, probate and other estate administration costs, debts and medical expenses not covered by health insurance.
  3. Create an inheritance for your heirs. Even if you have no other assets to pass to your heirs, you can create an inheritance by buying a life insurance policy and naming them as beneficiaries.
  4. Pay federal “death” taxes and state “death” taxes. Life insurance benefits can pay estate taxes so that your heirs will not have to liquidate other assets or take a smaller inheritance. 
  5. Make significant charitable contributions. By making a charity the beneficiary of your life insurance, you can make a much larger contribution than if you donated the cash equivalent of the policy’s premiums.
  6. Create a source of savings. Some types of life insurance create a cash value that, if not paid out as a death benefit, can be borrowed or withdrawn on the owner’s request. Since most people make paying their life insurance policy premiums a high priority, buying a cash-value type policy can create a kind of “forced” savings plan. Furthermore, the interest credited is tax deferred (and tax exempt if the money is paid as a death claim).

At Landmark Insurance & Financial Group we have knowledgeable agents who can help you find a Life Insurance Policy that best fits you and your family's needs.  Call today to get a Life Insurance Quote.  Don't wait until it is too late!  

WHY Life Insurance Matters

Life Insurance can cover a lot of different costs, such as:

  • Burial expenses
  • The mortgage
  • Your kids' college fund
  • Debt Freedom   
  • Everyday Bills such as: the electricity, keeping the car running, and the kids fed
  • Childcare or Medical Care Expenses
  • Investments

Wondering if You Are Properly Covered?

Talking with an insurance Agent from Landmark Insurance & Financial Group can take the mystery out of life insurance. We'll help you understand what’s covered and what isn’t while making sure you have all the coverage you need to protect your family's future.

Plus, working with an independent agent may help you save money on life insurance. That’s because we are an Independent Agency and can "shop" around for rates from dozens of different companies and find the best deal for you! Call now, or CLICK HERE to make an appointment online!