Knights of Columbus Insurance

INSURANCE AT WORK

"I already have insurance at work." We hear it all the time, but is it enough?

Many jobs offer some form of group life insurance. Often, this insurance is an employee benefit provided at no charge, or perhaps small co-pay. Knowing that this coverage exists may convince someone that he doesn't need to discuss personally owned life insurance with an agent. That could be a mistake.

Most forms of group life insurance are limited in amount. That amount may be tied to a salary or some other benchmark, but often there is a cap. That cap may be dangerously low for your family's needs should you die.

In fact, without a needs analysis (which I'll be happy to provide, free of charge), it may be completely unrelated to needs at death. In addition, the amount of group insurance offered is almost always reduced - and sometimes dramatically - when you retire.

Especially today, there is the very real possibility that you could lose your job or that your benefits could be reduced. In either case, you can find yourself without coverage. If your health has changed in the meantime, you can find yourself out of luck.

While group life helps, it does not replace the need for individually owned life insurance. I'll be happy to meet with you and provide you free, custom-tailored needs analysis, so that you'll know exactly where you stand. Please give me a call.

Knights of Columbus Insurance
Kevin J. Lathrop, FICF
(317) 357-0768 or klath57@aol.com
Visit The Order's Web Site At: http://www.kofc.org

2008 K of C Financial Beacon