"Nothing Is Certain But Death and Taxes"

It's about that time of the year again and I am not talking about Christmas.  I'm thinking about Income Tax filing time.  Most Tax Practitioners start planning for the next filing season no later than September end and I am no different.  What sets me apart from many other Tax Professionals is my additional capacity as a Life Insurance Agent.  I am always thinking about what is in the best financial interest of my clients and their families and want to encourage everyone to think and plan wisely as we prepare to move into a new year.

We have begun to receive inquiries from clients who are trying to determine what, if any amount might be refunded to them next year if they have overpaid taxes to the government this year.  My guess is, they are already planning what they are going to do with their refund money next year.
If you are someone who normally receives an income tax refund and you do not have an active Life Insurance policy in place, please consider this.  Plan on purchasing a Life Insurance policy with a portion of your anticipated Income Tax Refund in 2011.

According to an article published in USA Today, "Households With Life Insurance Hits Lowest Levels in 50 Years", there are far too many families without financial protection.  Albeit, there are many factors to why this is so, money, or lack of it probably topping the list, Life Insurance today is affordable, easily obtainable for most and a critical financial protection to have in place for those who depend on you.

If you are someone without coverage or have coverage but the benefit amount is not enough to protect your dependents financially at the time of your death,  please consider using a portion of your tax refund to pay for a Life Insurance policy.  If you commit, at least, $300-500 of your tax refund to an annual payment on a Life Insurance plan, you will not only be insured without the responsibility of a monthly payment, the family that depends on you will be protected financially should something happen to you as well.

 Remember, "nothing is certain but Death and Taxes" so what easier way to pay for the expenses surrounding your death than with your Income Tax over payment refund.  Paying premiums one time annually avoids adding to your monthly expenses.  It's a convenient, easy and responsible thing to do with your refund!
Contact me to help you find an affordable Life Insurance plan to put in place.

Tina Little-Coltrane

Coltrane Insurance
Life and Health Insurance Consultant