When considering adding life insurance from Chastain Agency Inc., it is important to understand that while such policies are intended to protect your family in the case of your death, many can help you through some of the more difficult moments in life. If your policy includes a cash surrender value, it is possible to take a loan out against the policy.

Sudden Medical Expenses

The costs of medical services in the Gainesville, GA area can be devastating. When facing the bills associated with surgery or critical care, your life insurance may be able to help take care of the immediate bills while you search for a better means to pay back the hospital and doctors.

Emergency Funds

Instead of applying for another loan, you could take a loan out against your life insurance policy to help get the family car back on the road. Another example, it may take up to a year for your home insurance to pay out for storm damage. Drawing against your life insurance can provide you the funds to take care of the repair now instead of later.

Family Crisis

How often have you heard of friends being unable to attend a relative’s bedside in times of crisis? Your life insurance policy can provide you with the funds to pay for transportation and hotels when an emergency arises that requires you to attend the events. Knowing you have that extra cushion can be reassuring in times of crisis.

If you would like more information about the life insurance available in the Gainesville, GA area, talk to your agent at Chastain Agency Inc. today. We can answer your questions and help you start a policy.