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Monday, September 22, 2008

Anthem Life Reminds Americans to Include Life Insurance in Their Financial Planning

Anthem Life is encouraging consumers to spend a few minutes in September planning for the unexpected.

"Life insurance isn't for the people who die; it's security for the people who live," said Nicholas Brecker, president of Anthem Life. "It's a subject no one wants to talk about, but you can't avoid it, especially after you've worked hard to provide financial stability for your family."

More than three-quarters of people whose spouses died prematurely (between the ages of 30 and 55) felt they did not have adequate life insurance coverage. That's according to the National Association of Insurance and Financial Advisors. In addition, the LIFE Foundation, a nonprofit organization dedicated to helping consumers make wise decisions about their families' financial futures, found that more than half of Americans say they're worried about how their families would manage financially if they were to die unexpectedly."Every person's financial situation is different, but whether you're married, married with kids or a single parent, it's important to take an inventory and ask yourself if you have enough life insurance should the unexpected occur," said Brecker.

How much is enough? To answer this question, consumers can consult a life insurance needs calculator, such as the one offered by the LIFE Foundation at www.lifehappens.org.

Anthem Life products can help fill the gap with immediate expenses, such as funeral costs; ongoing expenses, such as food, housing and transportation; and future expenses, such as college costs and retirement.

Anthem Life Insurance Company is part of the largest health benefits company in the nation.

Life and Disability products underwritten by Anthem Life Insurance Company. (R) ANTHEM is a registered trademark of Anthem Insurance Companies, Inc.

SOURCE Anthem Life Insurance Company

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