Build a Triangle of Protection® Around Your Home and Family
How would you and your family cope financially if you became ill or injured and couldn’t work, if your home were seriously damaged, or if you died unexpectedly? If you’re not sure where the money would come from, we can help you identify the protection you may need to help keep your family and home secure. Your State Farm® agent can put together a triangle of protection for you — life, disability income, and homeowners’ insurance.
A Triangle of Protection, An Affordable Solution
Your homeowners’ insurance policy is a great first step toward protecting your home and possessions. But it’s only one part of your financial picture. Too many people lose their homes because they don’t have insurance coverage that provides funds in case of death or disability. We can help you establish a triangle of protection that includes:
Life insurance, which can be used to help pay off your mortgage and keep your family in your home if you die prematurely
Disability income insurance, which can help you make mortgage payments if you’re unable to work due to a covered disability
Homeowners’ insurance, which offers protection for damage to your home, the roof over your head, and your belongings inside.
Do You Have Enough Life Insurance?
Ask yourself how much your family will need after your death to meet immediate expenses — and then how much they’ll need long-term to maintain their standard of living. Do you have enough life insurance to help your family cover outstanding bills, pay off a mortgage, fund a retirement, or cover a child’s education? Life insurance is a key component of the triangle of protection because it helps provide the funds your family may need for the future. Use our online calculator or talk to your State Farm agent Chris Dolkas to determine the type and amount of life insurance coverage that’s right for you.
Are You Covered for a Disabling Injury or Illness?
The Social Security Administration estimates one in eight workers will be disabled for five years or more during their working careers. But many people underestimate the risks and aren’t prepared financially for the months or years it may take to recover. In fact, the U.S. Department of Housing and Urban Development reports that nearly half of all home foreclosures are caused by disability. If you stopped earning an income because of an injury or illness, could you pay your mortgage?
Chris Dolkas, Agent, Lic #0588346
949.492-5900 • www.chrisdolkas.com
800 E. Avenida Pico, Suite Q,San Clemente, California 92673