Life insurance: 4 Benefits of buying a policy for your parents in Arvada, CO

Introducing Evertree Mountain States

Evertree Mountain States knows that life insurance isn’t just for you. It protects your entire family.

That’s why it’s important to consider purchasing a life insurance plan for your parents. With consent from a parent, these policies can help eliminate some of the worry and stress that comes from supporting an aging parent. It can minimize some of the financial burdens too.

Serving Arvada, CO, Evertree Mountain States shares four advantages of purchasing a life insurance policy for a parent.

Cover medical expenses

Sadly, the remaining years of an elderly parent’s life can be expensive. Even worse, it’s often unavoidable. Ongoing medical bills are the main culprit. Life insurance can help pay for any of these lingering costs.

Shield against financial loss

Other bills can also pile up quickly. Existing loans, mortgages, or credit card payments can be equally crippling. Just like with medical expenses, these policies will cover any outstanding debts that have been left behind.

Pay for final arrangements

The burden of a funeral also typically falls on the child of the deceased. A well-crafted life insurance plan can set aside enough money to execute a parent’s desired end-of-life wishes. Some plans, like burial insurance, are created specifically to pay for these services.

Support a surviving parent

Losing one parent is tough enough. Caring for a surviving parent can be just as difficult. This is especially true if they can no longer live alone. Downsizing, moving, or relocating to a full-time care facility are all costly decisions. Life insurance can help usher in a smoother transition.

Ask Evertree Mountain States 

The agency wants to ensure you and your family are protected. Serving Arvada, CO, the agency can create a personalized life insurance policy for qualifying parents. Schedule an appointment today.

Start a Quote Here

Are you ready to save time, aggravation, and money? The team at Evertree Mountain States is here and ready to make the process as painless as possible. We look forward to meeting you!