Nothing beats the peace of mind that comes with knowing that your loved ones will have help after you’re gone. That’s why purchasing a life insurance policy is so important. Of course, it can feel overwhelming to know when and if you should purchase life insurance. Let’s explore the types of life insurance and if now is the right time for you to purchase a policy. What is life insurance? Put simply, life insurance is income replacement. When you purchase a policy, you’re paying a premium to your provider who agrees to pay the amount (a.k.a. a death benefit) to your dependents if you were to pass away. A secure…

Life insurance can be a difficult topic. It can seem confusing, and maybe even uncomfortable — no one wants to think about the end of their life. However, just because the topic seems hard to talk about doesn’t mean it isn’t well worth doing so. In fact, life insurance is often considered an essential cornerstone of financial planning and is one of the best ways you can protect your loved ones. At Elephant Insurance, we strive to make the complicated a little less complex. So, to put things simply, life insurance can provide income replacement to your beneficiaries if you were to pass away. This is a very broad description,…