Life Insurance

If you are a Texas resident, you may have heard about life insurance benefits and how they can help you. This is a gift that keeps giving, even after you have passed. Below are how a policy from B & M Agency can help.

Take Care of Those Final Expenses

At your passing, there will be costs associated with the final services and needs for remains. With a life insurance policy, you can keep that burden off of your loved ones and maintain responsibility.

Clean Up Outstanding Debt

If you were to pass unexpectedly, chances are you have some outstanding debt that would linger behind for your loved ones. They would be forced to either pay the balance or return the property to its legal owner. If you plan to leave this property for your loved ones, you can use this policy to cover this debt.

Estate Costs

If you are leaving behind an estate and designating one of your loved ones as the executor, some fees will need to be paid to move forward. Your family should not be met with that financial expense. You can allow them to use this money for these specific expenses in your life insurance policy.

Leave One Last Gift

One of the best things you can do with your life insurance policy is to leave behind an inheritance for your loved ones. Assign the policy to one or more beneficiaries so that they can still get a final gift even after you have passed.

Need More Information?

Contact our team at B & M Agency today if you would like a personal quote on a life insurance policy or want more information.

Long Term Care

The financial, physical, and emotional stress that full-time caregiving may place on families can be overwhelming. Sometimes the best way to take care of a loved one is needing long-term care is to endure they have access to professional care. With advances in-home care services, many people needing long-term care are actually able to stay at home, with or near family, and still receive the professional care they need.