The single person in middle has some very unique risk factors that should be reviewed for life insurance needs. As a person in good health, they should realize their future may bring added responsibilities and possible debt that the loss of income could develop a risk beyond their means to deal with.  Since they are in good health there should be consideration given for the fact that rates should be much less then waiting for an older age or when their health may change causing added premium or possible declines.   For some they do not want to leave financial burdens for others to deal with after they are gone, whether debt, business responsiblities, or other responsiblities.   Life insurance can help with the replacement of that lost income or cover debt responsiblities.   Life insurance is a contract for a future delivery of funds to meet a possible future risk that you feel is beyond the scope of your resources to properly deal with.   It has often been said that those depended on you may pay many times more for the cost of caring for their financial needs should they be left behind after your death to face those financial needs alone.  For most the cost of proper life insurance would be far less costly.

Often when the idea for a new church plant takes place, it begins with a Bible study in someone's home or another common meeting place. At this time, the new church can usually operate under the liability protection of the mother church or other church body, though that should be checked to be sure. When the new church plant moves from the Bible study type of format to leasing space and having a more formal organization, it is time for them to consider arranging for their own protection since most church policies or other church body policies will not usually provide the necessary liability coverages that are needed to protect it from the unique risks of the new church plant. Here are some risk facts that should be considered and reviewed:

We believe a proper understanding of the terms and concepts assists our clients in making more informed and better decisions in today's ever changing and challenging culture. All terms defined on this site are of a general definition nature and should assist you as you review your policy; for specific definitions, please consult your specific policy for the proper contractural definition between yourself and the insuring company you have chosen.

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Please be reminded of the conditions of use for the materials supplied on this site.  We are not in the business of rendering legal advice, and all materials and suggestions should be reviewed with your professional before use. Forms are on the next pages, with contact info for an attorney we work with who can assist you with the review of this area.

If you desire a possible rate credit for this area, your procedures must be reviewed by our office to be sure they meet underwriting guidelines. Please submit a copy of your procedures when they are completed. If you need assistance with this, please feel free to contact us. 877-471-7997