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The Washwick Agency

2212 Main St
Bethlehem, NH 03574

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860 East Main Street
Riverhead, NY 11901

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What to Know About Life Insurance for Self-Employed Individuals

You may expect to live a long life, but what if something happened to you tomorrow? Do you know what would happen to your family or loved ones? If you’re self-employed, these are important questions to think through. If your business were to stop generating income the moment something happened to you, that could seriously impact your household’s finances. In situations like this, life insurance can make a real difference.

The Washwick Agency, serving Bethlehem, NH, can help you find a life insurance policy that fits your needs. Life insurance can help your family cover mortgage payments, bills, and tuition if you were to pass away. Here’s what you need to know.

What Is Life Insurance?

Life insurance is a type of coverage designed to pay out a death benefit when you pass away. It works as a contract in which you pay a premium to keep the policy active. As long as the policy is in force at the time of your death, your insurance company pays the death benefit to your named beneficiaries.

Why Should You Consider Life Insurance If You’re Self-Employed?

Many people get life insurance through an employer, so if you’re self-employed, purchasing your own policy can help ensure you have that same level of protection. If your family depends on the income your business generates, life insurance can help them manage bills and finances if anything were to happen to you.

How Can You Get Life Insurance?

You can get started by contacting an independent insurance agent, who can help you find a policy that fits your budget. At The Washwick Agency, serving Bethlehem, NH, we’re here to help. Call today.


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