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2020. A new year. A new decade. A chance to create a new you. We’ve all been there – we create a resolution – lose weight, quit smoking, pay off debt, the list goes on. But the truth is, only 8% of individuals accomplish them. This year consider a resolution that you can easily commit to, that will positively affect not only you, but your legacy, and your loved ones.

What plans do you have in place, if something should happen to you? Who would pay off your debts? Who would cover the cost of your funeral arrangements? Who would be financially responsible for outstanding medical bills? Do you have a savings account established that would cover the cost of all the above and then some? If you don’t have answers to any of these questions, it may be time to consider a life insurance policy.

No one wants to sit down and discuss their death arrangements. But we as humans must all be realistic that accidents occur every day, and we won’t live on this earth forever. It’s true, they say, you cannot take money to the grave with you – but you also cannot take debt. Having piece of mind if the unexpected does occur, is more affordable than most people think. And the sooner you actively pursue obtaining policy, the cheaper it will be.

There are hundreds of variations of life insurance plans. You can obtain as little or as much as you want, you can select a plan that will pay you back all the premium you’ve invested over the policy’s life, you can have a policy that will remain in place for the remainder of your life. You can take out a $5,000 policy to cover funeral expenses or pay for $2 million in coverage that will take care of your mortgage, all existing debts, your 3 children’s college tuition and wedding costs, and make your spouse comfortable as they live out their remaining years. The possibilities are endless, and you can choose what to pay.

While many factors go in to consideration when obtaining a policy, the average cost for a 20-year term life insurance policy with a death benefit of $500,000 of a 30-year old individual who is a nonsmoker is just over $26/month. For the cost of two pizzas from your local pizza shop, one men’s haircut, or a monthly gym membership – you can have half a million dollars of coverage in the event the unexpected does occur. This year make a resolution that you won’t break – and give yourself, and your loved ones, piece of mind.