Page 4 - Jupiter West - August '23

Page 4, Jupiter West

KOOL 105.5 Radio from page 1 About Doris Market daily, a complete catering service offering premium selections,
Doris Italian Market & Bakery has proudly served wine department featuring a collection of wines from around
To find out about future wine tasting events, visit generations of families in South Florida since 1947. Beginning the world and gourmet specialty groceries used for the finest
dorismarket.com and follow them on Facebook. Doris as a small mom and pop meat market and deli in Hollywood, recipes. The chain is currently comprised of five convenient
has locations in Sunrise, Coral Springs, Pembroke Pines, Fla., Doris Italian Market has evolved into South Florida’s locations throughout Broward and Palm Beach counties.
Boca Raton and North Palm Beach. premier specialty supermarket featuring top quality fresh Customers enjoy a comfortable shopping experience with
meats, authentic Italian-American deli, farm fresh fruits and personal customer service and very competitive prices of top
quality foods. Doris Italian Market & Bakery is committed to
vegetables, seafood department with daily fresh offerings,
Financial Focus ® Italian-American bakery with an assortment of goods baked customer satisfaction and serving generations to come.
Photos by Doris Italian Market & Bakery

What Does It Cost Not To
Have Life Insurance?

By Sally Sima Stahl
It’s probably not on your
calendar, but September is Life
Insurance Awareness Month.
And that means it’s a good
time to become more aware
of the benefits of having life
insurance – and the dangers of Mo Foster and Sally Sevareid, from The Mo & Sally Morning Maria Pierson, Jacqueline Beverley Clarke, Scott
not having it. Show on KOOL 105.5, with Nick Alfano and John Alfano Alfano Forcino
Unfortunately, confusion
about some of the basic
elements of owning life
insurance may be keeping people from getting the protection
they need. More than half of uninsured Americans say they have
put off purchasing coverage because they don’t know what to
buy or how much they need, according to Life Happens and
LIMRA, two nonprofit organizations that provide research and
education about life insurance.
Yet, while this confusion may be understandable, a delay in
acquiring appropriate insurance can be costly in more ways than
one. From a strict dollars-and-cents perspective, it’s generally
much more affordable to buy life insurance when you’re
younger. But there are potentially much greater costs involved Dave Trevino, Michael Griffin of distributor Kristin Kelley, Yvonne Nocca, Nikki
in not having insurance when it’s needed — and these costs are Winebow, Amanda Richey Colangelo Brielle Siskim, Dan Harrow
personal.
To be specific, what is it worth …
… to know your family could stay in your home if something
happened to you?
… to know your children could continue their education
plans?
… to know your debts could be paid without burdening your
family?
Clearly, if you were to assign these benefits a “price tag,” it
would be pretty high.
And that’s the value of owning sufficient life insurance.
So, let’s return to the issue of people putting off buying
insurance because they don’t know how much they need, or
what type they should have: 747-PALM
• How much is enough? You might hear that you need life
insurance equal to about seven to 10 times your pretax annual 747-7256
salary. That’s not a bad “ballpark” figure, but not everyone is
playing in the same ballpark. To get a true sense of how much of
a death benefit you require from your life insurance, you’ll need
to consider a variety of factors, possibly including your current
income, spouse’s income, the size of your mortgage (in addition
to other liabilities), number of children, educational expenses and
final expenses for funeral arrangements.
• What type? You can essentially choose between two
basic types of life insurance: term and permanent. As its name
suggests, term insurance is designed to provide coverage for a
designated period, such as 10 or 20 years. Generally speaking,
term insurance is quite affordable for most people, especially
when they buy policies as young adults. On the other hand,
permanent insurance, such as whole life or universal life, is
usually considerably more expensive than term insurance. This is
because permanent insurance premiums, in addition to providing
a death benefit, help build cash value, which you can typically
access through loans or withdrawals, giving you additional
flexibility should your financial needs change over time. In
choosing between term and permanent insurance, you’ll want to
evaluate several issues, such as how long you think you’ll need
coverage and how much you can afford to pay in premiums.
Finding out about the benefits, costs and types of life insurance
can help you make informed choices to help protect your family
for years to come – so don’t delay learning what you need to
know.
This article was written by Edward Jones for use by your
local Edward Jones Financial Advisor, Edward Jones, Member
SIPC.
Edward Jones is a licensed insurance producer in all states A College Preparatory Catholic High School
and Washington, D.C., through Edward D. Jones & Co., L.P.,
and in California, New Mexico and Massachusetts through Our Vision is to build life’s champions
Edward Jones Insurance Agency of California, L.L.C.; Edward through FAITH, ACADEMICS, SCAN TO LEARN MORE
Jones Insurance Agency of New Mexico, L.L.C.; and Edward SERVANT LEADERSHIP and a
Jones Insurance Agency of Massachusetts, L.L.C. STRONG FAMILY ATMOSPHERE.
Edward Jones, its employees and financial advisors cannot
provide tax advice. You should consult your qualified tax advisor cardinalnewman.com
regarding your situation. West Palm Beach, FL
Contact us at (561) 748-7600, Sally Sima Stahl, AAMS, 1851 (561) 683-6266
W. Indiantown Road, Ste. 106, Jupiter, FL 33458.