I’m a Young Volunteer — Why Do I Need Life Insurance Coverage?

If you are a young volunteer and have joined an Emergency Service Organization (ESO) that offers a Length of Service Awards Program (LOSAP), it is likely that you have been asked to complete paperwork to put a life insurance policy in place on your behalf. If so, you may have been putting it off because you have a thousand other things to do. 

It is important to remember that your ESO’s LOSAP was custom-designed to meet the unique needs of your organization. Very basically, the LOSAP provides active volunteers with benefits in the event of death, disability and retirement. To a young person, retirement seems a lifetime away. However, since most LOSAP plans provide a death benefit, there is immediate financial protection available for you and your loved ones. 

Sudden tragedies know no age limitations. In the event of your untimely death, a death benefit offered by the LOSAP provides significant financial relief to your family no matter what the cause of death.* You do not have to die in the line of duty to qualify for a death benefit provided by the LOSAP.  You are never too young to look out for your friends and family.  Take the time to become an active participant in your LOSAP by completing a life insurance application today and remember to keep your beneficiary designation current! What you do now will affect your loved ones later.

For more information on Length of Service Awards Program and to contact us, CLICK HERE.

*Certain policy exclusions may apply

MORE INFO: VFIS Benefits News (FALL 2013)