It’s called Life Insurance for a reason…

It’s not often that you’ll purchase something that will have as strong an impact on someone as life insurance. There are myriad reasons for buying life insurance and the reasons can vary greatly depending on the individual buying the coverage, the surviving family members and even the economic future of unrelated persons.

Life insurance for your family

Maintaining the financial stability of your family in the event of your death is still the most common and, arguably, the most compelling reason for purchasing life insurance. As the wager earner, your absence creates a financial void. Unfortunately, even when you’re no longer there, the financial obligations don’t go away. Your family still must cover:Mother, son and daughter-in-law

  • Mortgage payments
  • Auto loan payments
  • Student Loans/Educational expenses
  • Credit Card debt
  • Basic living expenses (food/clothing/utilities/gas/insurance)
  • …And the list goes on and on.

Lost income isn’t the only financial consideration.

Just because you’re not the ‘breadwinner’ doesn’t mean your untimely death won’t have a serious financial effect on your family…especially if your family includes dependent children. Your expenses could actually increase should you loose your partner, as you may need to pay for:

  • Daycare
  • Housekeeping services
  • Tutor(s)
  • Grief Counseling

The last thing you want to leave your family with is a financial burden on top of the emotional pain of loosing a loved one. Life insurance may be the most important gift you’ll ever give to your family.

An inheritance without strings attached

Life insurance is a smart way to gift survivors after you’ve gone. Life insurance benefits are not subject to income tax. You can also speak to your accountant about establishing a spouse or surviving child as the owner of your life insurance policy to avoid estate tax. Life insurance provides you with an opportunity to leave a substantial financial gift without leaving them with a huge tax burden.

Life insurance for your business

You’ve worked hard to build a successful business, but you’ve had lots of help along the way. You, your business partners and perhaps your children have all played a key role in developing a business that’s provided financial support for so many employees and their families. What happens if you’re not there?

Many savvy business owners have discovered peace of mind and future security for their company with the right life insurance package. From key employee life insurance to more traditional life insurance policies for surviving family members, the right coverage can provide the financial support your business will need should it loose one of its most valuable assets.

No one who ever purchased life insurance lived to regret it.

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Contact Information

Cave and Cheney

1200 Cottonwood Creek Trail,
Cedar Park, TX 78613

Phone : 512-794-1084

Fax : 888-794-0126

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