Fall 2020 honor

Congratulations!

According to Life Happens, 65% of people agree that they could be doing more to prepare for their family’s financial future.

Owning life insurance from Degree of Honor is financially responsible. Planning ahead and having adequate life insurance can help guarantee your family's financial future during these uncertain times. Recent studies indicate 7 out of 10 households with life insurance are only able to replace 3½ years of lost income if a breadwinner of the household dies. Do you think you could be doing more? Does your family need more financial protection? Contact your Insurance Solutions Team at 800-947-5812, option 3!

How much life insurance is the right amount? How do you know if you’re adequately insured?

Review the following items to estimate the right amount of coverage:

Debt and Final Expenses Calculate your debt, other than your

Income If something were to happen to you, how

Mortgage Review your most current mortgage

Education Estimate the cost of your child’s education.

would your family replace the lost income? Income replacement calculates just that. Multiply your current income by the number of years you expect to work.

statement to know what would be needed to pay off your mortgage.

mortgage, and estimate your funeral expenses. This includes credit cards, student loans and business loans.

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15-0058-9/20 Degree of Honor, a division of Catholic Financial Life, is headquartered in Milwaukee, Wis. Products and services are not available in all states.

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