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Who Needs Life Insurance in Oak Ridge, NC?

There are many reasons you need life insurance in Oak Ridge, NC. If you ever doubt that you need life insurance, ask yourself: Do I have dependents? How would they survive without my financial assistance? If you have a spouse, child, or an aging parent that depends on your income, you probably need life insurance. But is that all? Definitely not. Life insurance covers more than dependents. If you are in the below situations, there is a heightened need to buy life insurance from Oak Ridge Insurance Services today. 

If you are a spouse

In marriage, there are many shared financial responsibilities. Without the other spouse’s support, the spouse left behind would have difficulties paying financial duties like mortgage, school fees, and other obligations. However, life insurance replaces your income when you die, helping your spouse meet various financial obligations.

If you have debts

If you have a student loan, credit card, or mortgage loan, your cosigners are stuck with your debts in the event you die. However, when you purchase life insurance, you don’t have to bother your dear ones with unpaid debts when you die. 

If you own a business

If you are in a business partnership, you can name your partner as the beneficiary. When you pass on, the death benefit can be used to run operations or buy out outstanding shares in the business. 

If you want to take care of your funeral expenses

Running a funeral can be expensive in America. It will cost you between $8,000 and $10,000. Of course, the figure can go up depending on your final wishes. Instead of bothering your loved ones with burial expenses, your loved ones can use the life insurance proceeds to finance your burial costs. 

Life insurance in North Carolina

Are you looking to safeguard your loved ones or business with life insurance? You can trust Oak Ridge Insurance Services for all your life insurance needs. Contact us today for a quote.

From our Community

Partner Carriers

  • American Modern
  • ASI
  • Bankers
  • Burns & Wilcox
  • Foremost
  • Hagerty
  • Heritage
  • Jackson Sumner
  • Johnson & Johnson
  • Liberty Mutual
  • National General
  • Progressive
  • Safeco
  • Tapco
  • The Hartford
  • Travelers
  • Universal
  • Utica