Statistics show the need for greater awareness of life insurance and its benefits:

• Four in 10 adult Americans have no life insurance at all.
• Insured Americans, on average, have only about three-and-a-half times their annual income in life insurance coverage. Many insurance experts believe that people's true need for coverage is 10 times their gross annual income, and sometimes more.
• Only 35 percent of adult Americans have individual life insurance. Many rely on insurance provided by their employers, leaving many employees without coverage if they were to lose their job or change jobs.
• Each year, a significant number of Americans (600,000) die prematurely. In fact, the chances a 25-year-old male will die before reaching the retirement age of 65 is nearly 1 in 5; for a female, the odds are 1 in 9.
• When a premature death occurs, insufficient life insurance coverage on the part of the insured results in 75 percent of surviving family members having to take measures to meet financial obligations, such as work additional jobs or longer hours, borrow money, withdraw money from savings and investment accounts, and, in too many cases, move to smaller, less expensive housing.
• Parents who co-sign on their children's student loan(s) can also suffer additional financial hardship if something happens to the child before the loan(s) are paid off. This could result as an unpleasant reminder of the child's death as the co-signers continue to pay the loan off.

Besides the obvious benefits of having a life insurance policy, BRS Insurance carriers provide multi-policy discounts when life insurance policies are bundled with home and auto policies.  So, not only does it make sense to to a life insurance policy, it also saves you money on your home and auto policies. Contact us today for a free quote!