IRTA blog blog for retired teachers. Classroom Management. Teaching and Learning INRTA Indiana Retired Teachers Association blog Image

Helping Your Family Through the Most Difficult Time: The Importance of Whole Life Insurance

August 27, 2021

Planning for the future is always important. But there might be no more important time to prepare for than when you’re no longer here. A Whole Life insurance policy will help provide a foundation for your family after you’re gone.

Many people remember how difficult it was to arrange for their own parents’ funerals. Feeling the stress about the costs when all they wanted to do was be with their family. If you don’t want your own children to face the same situation, a Whole Life policy can put your mind at ease.  Knowing that there would be benefits to help your family when they need it the most can lift huge emotional burdens and allay the stress.

A Whole Life Insurance Policy helps your family:

  • Pay for funeral
  • Protect their savings and nest egg
  • Contribute to your grandchildren’s education
  • Pay down outstanding mortgages or other loan balances

Along with helping your family, you can even designate the money to be donated to charities of your choice.

Whole Life policies also have a guaranteed cash value guaranteed to grow at a set rate each year. Your policy’s cash value can provide numerous benefits that you can use while you’re still alive. Though it can take time for it to grow into a useful amount, you can borrow money against your policy’s cash value, use it to pay premiums, or even surrender it for cash in retirement.

Want to find out if a Whole Life policy is right for you and your family? We make it easy for you to find out! The Whole Life policy available through your association and AMBA guarantees acceptance if you’re between the ages of 45 to 85! No exams, no tests, no questions. Plus, premiums are set at a fixed rate – and as long as they are paid, you will never be dropped for any reason! This plan even features a no-obligation 60-day return policy.

Ready to start helping your family? You can now purchase your Whole Life Insurance Policy from your association and AMBA online. Learn more at www.AMBAlifeinsurance.com or call 877-290-3173.

Share:
RECENT POSTS
President Eisenhower, A Dental Emergency, and the (Potential) Alien Cover-Up
President Eisenhower, A Dental Emergency, and the (Potential) Alien Cover-Up

Early in 1954, President Dwight Eisenhower departed from the cold of the Washington, D.C. winter for a golf vacation in Palm


Read More

Get Big Savings on Great Gifts with Help from Your Friends at AMBA
Get Big Savings on Great Gifts with Help from Your Friends at AMBA

Ready to make the most wonderful time of the year even better? AMBA Discounts can help you save big this Black Friday and


Read More

Season’s Cheatings! How to Beat Scammers and Crooks This Holiday Season
Season’s Cheatings! How to Beat Scammers and Crooks This Holiday Season

It’s the most wonderful time of the year…for scammers. The holiday season is scammers’ favorite time of


Read More

AI in Eye Care: Artificial Intelligence is Revolutionizing the Future of Your Vision’s Health
AI in Eye Care: Artificial Intelligence is Revolutionizing the Future of Your Vision’s Health

Artificial Intelligence (AI) is becoming an increasingly important tool in all walks of life. AI’s ability to analyze


Read More

©2024 Indiana Retired Teachers Association. All Right Reserved.