Help Safeguard the People and Possessions That Matter Most
Build a Triangle of Protection Around Your Home and Family
How would you and your family cope financially if you became ill or injured and couldn't work, if your home were seriously damaged, or if you died unexpectedly? If you're not sure where the money would come from, we can help you identify the protection you may need to help keep your family and home secure. Your State Farm® agent can put together a triangle of protection for you — life, disability income*, and homeowners insurance.
A Triangle of Protection, An Affordable Solution
Your homeowners insurance policy is a great first step toward protecting your home and possessions. But it's only one part of your financial picture. Too many people lose their homes because they don't have insurance coverage that provides funds in case of death or disability. We can help you establish a triangle of protection that includes:
- Life insurance, which can be used to help pay off your mortgage and keep your family in your home if you die prematurely;
- Disability income insurance, which can help you make mortgage payments if you're unable to work due to a covered disability; and
- Homeowners insurance, which offers protection for damage to your home, the roof over your head, and your belongings inside.
Do You Have Enough Life Insurance?
Ask yourself how much your family will need after your death to meet immediate expenses — and then how much they'll need long-term to maintain their standard of living. Do you have enough life insurance to help your family cover outstanding bills, pay off a mortgage, fund a retirement, or cover a child's education? Life insurance is a key component of the triangle of protection because it helps provide the funds your family may need for the future. Use our online calculator or talk to your State Farm agent to determine the type and amount of life insurance coverage that's right for you.
Are You Covered in case of a Disabling Injury or Illness?
Your ability to earn an income is an important asset. It keeps a roof over your head, food on your table, and may help you achieve your dreams. When it comes to the threat of a long-term total disability, many people underestimate the risks and aren't prepared financially for the months or years it may take to recover. Ask yourself these important questions:
- If you stopped earning an income because of an illness or injury could you pay your mortgage?
- Could you pay for expenses like child care, utilities, groceries, and credit card payments?
Disability income insurance is another critical piece of the triangle of protection because it can help you and your family cover these costs.
Desjardins living benefits products are manufactured and issued by Desjardins Financial Security Life Assurance Company.
State Farm branded policies are underwritten by Certas Home and Auto Insurance Company or Desjardins Financial Security Life Assurance Company.