Secure Future Savings with Fundamental Life and Health
Financial Benefits and Considerations
Investing in life and health insurance provides significant financial benefits. For life insurance, the primary benefit is the peace of mind knowing your loved ones will be financially secure. Additionally, some policies, like whole and universal life, offer cash value accumulation, which can be borrowed against or used for retirement planning.
Health insurance, while often seen as an expense, can save you thousands of dollars in medical costs. According to the Kaiser Family Foundation, the average annual premium for employer-sponsored family health coverage was $22,221 in 2021, with workers paying an average of $5,969 toward the cost1. While this may seem steep, the cost of uninsured medical expenses can be far higher.