Leaving an
Inheritance
I do not want to sound insensitive. However, we all know
tomorrow is not promised. I was motherless
before my 10th birthday. My grandmother reared me. My grandmother died
while I was pregnant with my first child. I thank God I had a father and a
husband. However, my thoughts are that no one can truly replace a family
member.
On another note, my question is what can truly replace an
income? If insurance was a human being...
- Life insurance replaces income projected for salaries, childcare expenses, college tuition, bills, and an inheritance.
- Health insurance pays for some medical expenses.
- Disability insurance is a valuable tool to replace income while disabled.
- Supplemental insurance is beneficial in covering expenses from life threatening illnesses.
- Long-term care insurance is available to assist financially their loved ones in caring for relatives, who cannot perform their daily activities of living.
For retirement, annuities are one of the retirement tools to
replace salaries.
When, not if, we love our family, we cannot afford to burden
them with an inadequate income replacement strategy that would leave them
financially strained. Leave an inheritance via life insurance and other types
of insurance to cover medical burdens, funeral expenses and income.
Jonica Rowland, MBA
Life*Accident*Health*Supplemental*Retirement
Medicare Supplement and Long Term Care Insurance Agent
Doctor of Business Administration Candidate
The Rowland Group
3737 Glenwood Ave, Suite 100
Raleigh, NC 27612
