Asian Journal- The Filipino-American Community Newspaper

YOU may think you have a solid financial plan. The paycheck you bring home on a regular basis may be more than adequate to meet the immediate needs of your family. There may even be some left over for vacation, retirement or even college savings.

But what if you weren’t there to provide for your family’s needs? Would they continue to live in the home you shared? Would your children be able to attend the college of their choice?

These are important questions that must be considered. Finding the answers can start with visiting your insurance agent and discussing a life insurance policy that is appropriate for you and your family.

September has been declared Life Insurance Awareness Month, a time for you to take a look at

your existing coverage to see if it is adequate. If you don’t have coverage, it is a good time to discuss the purchase of a policy.

A primary purpose of a life insurance policy is to provide a dollar amount to the beneficiaries in the event of the death of the insured person. That death benefit can be used in any number of ways, whether for a mortgage, college education or regular income.

Life is full of many questions. Being sure that your financial plan includes an adequate amount of life insurance can help you answer at least one question, "What will happen to my family if I’m not around to provide for them?"

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If you suspect a scam, call the NICB hotline at 1–800–TEL–NICB.

For information about auto insurance and insurance fraud, contact your insurance agent.