by Heather Mosher

Ten reasons to purchase life insurance


One of the most difficult discussions to have with a client is one about their life insurance program. Many people call in thinking they know what they want and some people don’t have a clue where to start.  The next series of blogs will focus on life insurance, some of the common types and the reasons to purchase.  Here are ten of the most common reasons people purchase life insurance.

  1.  Buying a Home
  2. College Expenses
  3. Family Living Expenses
  4. Business Loan Coverage
  5. Key Person Insurance
  6. Buy/Sell Arrangements
  7. Child Care Expenses
  8. Charitable Giving
  9. Final Expenses
  10. Estate Planning

If you see yourself in any of these scenarios, then looking at your life insurance program is a good thing to do.  Schedule an appointment with your financial or insurance advisor to make sure you have the right coverage in place.  To learn more, visit VAST’s financial solutions pages, contact Heather Mosher | 906.315.7235 | heatherm@vastsolution.com or Tom Snow | 906.315.7236 | toms@vastsolution.com.

The enrollment period for 2021 individual and family health plans starts November 1 and runs through December 15.

Open Enrollment