Life Insurance in Knoxville

Life Insurance is one of the most important investments you can make. Its purpose is to replace or supplement a family’s income. It is an investment in yourself and the future of your loved ones, and it is a great way to secure your financial responsibilities to your family.

Life insurance is designed to protect a policyholder’s beneficiaries in the event of an insured person’s death. The death benefit can help compensate a family for the deceased person’s lifetime income as well as providing cash to pay any debts or expenses left behind. In short, a Life Insurance Policy can bridge a cash shortage and can protect the financial status of your family when you die.

But even though the basics of life insurance are easy to understand, it can be difficult to know if or when you need a policy of your own, and how much life insurance you might need.

Use the DIME formula to assess if you have adequate insurance. The aggregate of debt, income, mortgage expenses and education can give you a good start in deciding how much insurance to obtain in order to protect your family’s financial health in the event of the loss of the main income producer in the household.

The best way to determine who should be insured and for how much is to contact a financial planner, who can look at your entire family and financial picture to determine the best course of action.

At Vernon Henry Concierge Financial Planning we conduct an in-depth review of your family financial needs and suggest the best available type(s) of insurance tool(s) that can fit your current situation.

We offer:

• Individual Life Insurance

• Group Life Insurance

• Long-Term Care Insurance

• Mortgage Protection Insurance

• Disability Insurance

• Second-To-Die Policy

• Key Person (Key Man) Insurance

Protect what matters most in your life with a policy from us. We have access to more then 100 Life Insurance companies to help provide solutions for our clients.

For additional information, please contact us at (865) 940-0278.

(865) 940-0278
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