With the way the job market is going and the rate that employees at various companies are being laid off it is becoming more and more difficult for bread winners to provide adequately for their families. We were in that situation about one year ago, and be the grace of GOD we were able to make it through that unfortunate circumstance. So what do we do if there is no help and you can not work due to an illness or an injury for an extended amount of time. One such way to help through the tough times is with guardian income insurance. This type of insurance would help families make it through the tough times helping to cover most of the income that the bread winners were bringing home. This is something that would have been awesome for us when we could not get adequate income due to an injury.
Let’s say that you are minding your own business and a paint can falls off the scaffolding and hits you on the head and you die because of it. Well, this is called accidental death and what happens if you have no coverage for that type of accident. Well, you family might get some type of settlement or they may not. If you had accident cover in the unfortunate event that you die accidentally then your family would be entitled to the accidental death coverage benefit regardless of a settlement or not.
With average funeral cost somewhere between $3,000 and $15,000 how in the world are our loved ones going to be able to afford such a tremendous amount to make sure that we have a good eternal rest. A few years ago our grand father past away suddenly and his children were left to take care of his funeral by themselves. Luckily he had some money left over and one of his children was fairly well off so all was taken of. But, what happens if you are not that lucky. Well, the best answer of course would to have funeral cover. With this insurance all of the costs are taken care of so that our families has one less thing worry about if we pass away unexpectedly.