Remembering Rosemarie Curran: A Legacy of Care and Financial Security
The community of Stamford, VT, mourns the passing of Rosemarie Curran, a prominent figure in the insurance industry, at the age of 89. Rosemarie, who initially obtained her Series Seven insurance license with the John Hancock Insurance Company, finished a commendable career at Coakley Insurance. Her dedication to life insurance and financial security has left an indelible mark on those she served.
The Role of Life Insurance in Creating Security
Rosemarie’s career underscores the profound impact life insurance can have on individuals and families. Life insurance is more than just a policy; it is a safeguard against the unexpected, ensuring financial stability for loved ones left behind. The benefits of life insurance are multi-faceted, offering peace of mind during life’s most challenging moments.
Exploring Life Insurance Options
Life insurance covers a spectrum of needs, from personal to professional aspects. Lifetimeinsurance.org breaks down these options into various categories:
Business/Career Insurance
Ensuring the continuity of businesses and the protection of key personnel through life insurance is integral for long-term success. This type of insurance enables businesses to navigate sudden losses of essential employees without jeopardizing their operations.
Retirement Insurance
Retirement insurance offers a structured plan for individuals to secure their future financial needs. This type of coverage ensures a stable income post-retirement, turning life’s uncertainties into well-planned certainties.
Marriage/Divorce Insurance
Life insurance plays a crucial role in safeguarding financial interests during marriage and navigating financial complexities post-divorce. Policies can be adjusted to reflect changing marital statuses, ensuring both parties are protected.
Other Essential Aspects of Life Insurance
Beyond the core categories, life insurance also provides a variety of other benefits, including:
- Policy Loans: Offering access to funds against the policy to address immediate financial needs without liquidating other assets.
- Tax Benefits: Life insurance payouts are often not subject to federal income taxes, providing a tax-efficient means of wealth transfer.
- Estate Planning: Ensuring that beneficiaries receive appropriate financial support to cover estate taxes and other posthumous expenses.
A Lasting Legacy
As we reflect on Rosemarie Curran’s life and career, it is evident that her work in the insurance sector has fortified countless lives. Her commitment to providing financial security has set a benchmark in the industry. Her legacy through the lens of life insurance continues to remind us of the importance of planning for our future and safeguarding our loved ones.
Sources:
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“Rosemarie Curran Obituary (1935 – 2024),” The Berkshire Eagle. Retrieved from Legacy.
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Life Insurance Resources from lifetimeinsurance.org.