Caputo Insurance Services of San Jose California Insurance - Life Insurance, Permanent Life Insurance, Term Life Insurance, Universal Life Insurance

Why Do I Need Life Insurance?

There are two basic and necessary reasons to buy life insurance. You owe someone or You love someone.

You owe someone	You love someone
Last expenses (Funeral and probate costs) Current debts (Auto loans, credit cards, etc.) Mortgage or rent (Tto pay off house note or ensure coverage of rent payments)	College education Income continuation

Tax Notes: Proceeds from an insurance policy paid because of the death of the insured are generally excludable from the beneficiary's gross income for tax purposes. (IRC Sec. 101(a)(1).) Income and growth on accumulated cash values have been held by the Tax Court to be generally taxable only upon withdrawal. (IRC Sec. 72.) Consult your tax adivsor or attorney on your specific situation.

American National Insurance Company, Galveston, TX
American National Property and Casualty Company, Springfield, MO

These brief descriptions of coverages available are for illustrative purposes only, and are not intended as a statement of contract. For actual terms and conditions of coverage provided, refer to your insurance policy, or, for more information about coverage options and availability, talk to your American National agent. All products, coverages, and options are not available in all states, and eligibility guidelines apply. American National Family of Companies reserves the right to discontinue programs at any time.