Build a Triangle of Protection to Help Safeguard Your Family


How would you and your family cope financially if...

  • You became ill or injured and were unable to work?
  • Your home was seriously damaged?
  • You died unexpectedly?

If you're not sure where the money would come from to keep your family and your home secure, talk with your State Farm® agent about a triangle of protection.


A Triangle of Protection Provides an Affordable Solution

Your Homeowners Insurance policy is a great first step toward protecting your home and your possessions. But protecting only one part of your financial picture may leave you and your family vulnerable to other financial obligations and pressures.

Two of the most overlooked reasons people and their families lose their home are death1 and disability2. This is because they do not have appropriate insurance coverage that provides funds if one or both of these events occur.

State Farm is dedicated to helping you live life fully and protecting what's important to you and your loved ones. This is why your State Farm agent can help establish a triangle of protection:

  • Triangle of ProtectionLife Insurance - May be used to help pay off your mortgage and keep your family in your home if you die prematurely.
  • Disability Income Insurance - Can help make mortgage payments if you are unable to work due to disability, as defined in the policy.
  • Homeowners Insurance - Offers protection for damage to your home, the roof over your head, and your belongings inside.


You Need to be Prepared for the Unexpected

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. But, what if you weren't able to earn an income? How would you and your family survive financially?

CONSIDER THESE IMPORTANT QUESTIONS
DO YOU HAVE ENOUGH LIFE INSURANCE?
The average amount of life insurance needed is $459,000—but the average amount of life insurance owned is only $126,0003. Many people do not have enough life insurance to pay off their mortgage, let alone provide for the future of their families, such as a child's education, retirement, outstanding bills, etc.
ARE YOU PROPERLY COVERED FOR A DISABILING INJURY OR ILLNESS?
Nearly half of all mortgage foreclosures are due to disability2. The fact is, the average mortgage amount in the U.S. is approximately $136,0004—and usually higher in larger metropolitan areas. So for many, it may take months—or even years—to rebound from the serious financial effects of a disability.

The truth is, when it comes to the threat of a long-term total disability, most people underestimate their risks and are not financially prepared. In fact, 1 in 7 working Americans will be disabled for five years or more before they retire.5 If you stopped earning an income because of a disabling illness or injury, how would you cover these expenses?

  • Out-of-pocket medical expenses and deductibles
  • Mortgage payments
  • Day care
  • Utility bills
  • Groceries
  • Credit card bills


Establish a Triangle of Protection with State Farm

Talk with your State Farm agent today about how much protection you and your family need to help safeguard your future. Your State Farm agent can put together a triangle of protection for you—Life, Disability Income, and Homeowners Insurance.

1National Association of Foreclosure Prevention Professionals, July 12, 2006
2Health Affairs, The Policy Journal of the Health Sphere, Feb. 2, 2005
3LIMRA International, August 2004
4Experian, Scoring Your Mortgage, May 2004
5National Underwriter 108, No. 1, Jan. 5, 2004
Not all products listed above are available in all states. This information provides only a brief explanation of coverage. It is not a contract, and exclusions and limitations apply. Contact your agent for details and cost.

State Farm Mutual Automobile Insurance Company (Disability Income Insurance) 
State Farm Fire and Casualty Company (Homeowners Insurance)
State Farm Life Insurance Company (Not licensed in MA, NY or WI)
State Farm Life and Accident Assurance Company (Licensed in NY and WI)
Bloomington, IL

IL-154


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