Advertising · Family protection
What $250,000, $500,000, and $1,000,000 Can Do
Your income stops. Their bills don't. These amounts are examples of the jobs coverage can do. They are not your price.
Your income stops. Their bills don't. People ask what the lump sum is actually for. These are examples, not a recommendation and not your quote.
$250,000 is a running start. It can cover about four years of a $60,000 income, a large payment on a mortgage, and funeral costs so nobody is passing a hat.
$500,000 is the house and time. It can cover about eight years of a $60,000 income, clear many family mortgages, and pay for childcare while a parent finds their footing.
$1,000,000 is childhood, covered. It can stand in for about twelve years of an $80,000 income, keep the house and the ordinary month, and leave room for school.
The death benefit is generally tax-free. Your number depends on age, health, debts, and how long the paycheque has to be replaced. Send your name and book the call. An advisor licensed through Greatway Financial shows your amount, not a slogan.
The checklist
- List the mortgage, the debts, and a few years of income.
- Treat $250,000, $500,000, and $1,000,000 as examples, not a target.
- Ask for your monthly cost on the call.
- Put the money to a named job: house, income, children, or all three.
- Send your name today. Examples do not cover anyone.
Your family should not pay this gap. Talk to an Advisor, then book the call.