What would your family do if your spouse suddenly passed away? Would you have enough money for housing, food and other basic needs without their income? Would you be able to replace the services they provide, like home cleaning and maintenance, cooking, laundry, car maintenance, transportation, or childcare?
Whether your spouse has a full-time job or is a stay at home parent, it would probably be difficult for your family to survive without them. With spouse life insurance coverage, you can protect your family from suffering financially if your spouse passed away. This coverage would allow you to cover their final expenses and replace their income and/or the services they provide for a few years. Spouse life insurance may also help pay off any outstanding medical bills they may leave behind.
Although federal employees do have the option to get coverage for their spouse with FEGLI, the premiums increase as you get older and can become very costly. With Federal Advantage Benefit Company, you could get a more affordable plan with level premiums that don’t increase over time.
If you’re interested in getting affordable coverage for your spouse, fill out the form to the right or call us at 855-460-0742. One of our financial professionals will be happy to contact you with more information. We look forward to providing affordable protection for your family.
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