What is Life Insurance and How Does It Work?
Most people don’t think about life insurance until it’s too late, or perhaps they know they should have it, but have no idea how much. One may ask,...
2 min read
When you hear “life insurance,” what comes to mind? Funeral costs? Complicated paperwork? Something only wealthy people buy?
Let’s set the record straight.
Life insurance does so much more than cover funeral expenses. It helps protect the people you love, financially and emotionally, during life’s toughest moments. Whether it’s paying your mortgage, covering credit card debt, buying groceries, or helping your children go to college, a life insurance policy may be the safety net that keeps your family secure.
Life Insurance Covers More Than You Think
Depending on the type of life policy you choose, like a term life policy or whole life insurance, you can:
- Pay off debts and daily expenses
- Fund your child’s education
- Replace lost income
- Leave behind a meaningful gift
- Help with long-term savings goals
- Ease the financial burden of a funeral
It's not just about death; it’s about supporting life. In fact, some policies build cash value you can use while you’re still living.
Life Insurance is Affordable
A common myth is that life insurance is too expensive. The truth? It’s often more affordable than your monthly cable bill. And unlike many major carriers, Kemper Life offers a variety of coverage options that fit the needs and budgets of many everyday families, including term life insurance and insurance whole life policy options - for as little as $1 a day.*
According to a 2023 LIMRA/Life Happens study, 46% of uninsured Americans say they haven’t purchased life insurance because they believe it’s too expensive, yet most overestimate the cost by three times what it actually is1.
Why Kemper Life?
At Kemper Life, we believe that protecting your family should be within reach for everyone. That’s why our life insurance products are:
- Budget-friendly and flexible
- Customized to your needs
- Structured for tax-free lump-sum payouts
- Available through trusted, local agents who care
Whether you're looking get a life insurance quote, explore different types of life policies, or purchase a policy, our agents will come to your home and walk you through the process without pressure or confusion. They’ll help you make the best choice for your situation.
Protect Your Loved Ones. Protect Your Peace.
Your family deserves peace of mind. Now’s the perfect time to learn more. It’s never too early to make a smart decision to protect your today and your tomorrows.
Kemper Life is here to help.
*Based on your location and need. Ask your agent for more information
Sources:
[1] LIMRA 2023, Three misconceptions may deter americans from getting the life insurance they need https://www.limra.com/siteassets/newsroom/liam/2025/2025_facts_about_life_insurance.pdf“Kemper Life is the brand name for insurance products issued by subsidiary insurance companies controlled by Kemper Corporation. Each subsidiary of Kemper Corporation is solely responsible for the insurance products it underwrites and issues. This material is for informational purposes. Consider your own financial circumstances carefully before making a decision, and consult with your tax, legal, or estate planning professional. Coverage and pricing for products issued by Kemper Life and its subsidiaries vary by state and individual eligibility. Ask your agent for full policy details and exclusions .”
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