Here’s a question for you: Why would a single man need life insurance? Isn’t a policy just a waste of his money? The answer is: absolutely not! Life insurance is a good investment for single men. Here’s why, plus tips on how to get one form of affordable, high-quality coverage in minutes…online! You’re a single man. No dependents. What good is life insurance to you? That’s simple: it gives you peace of mind. Peace from
Why buy life insurance but keep it a secret? Maybe there’s simply no reason why your beneficiary or anyone else needs to know. Maybe your beneficiary doesn’t even know you. Or maybe you don’t want people to know about your beneficiary.
Here’s a morbid thought, but one that must be considered… What if you die prematurely? What happens to the mortgage on your home? With you and your income gone, can your family afford to keep making payments? Or will they have to move, scale down…or, worst case, become homeless? Life insurance is one way to protect your family against this sort of disaster. How much is your monthly mortgage? How much of that monthly payment
Let’s suppose—just suppose—you die before your time. And in the days, weeks, months, or even years leading up to your death, you’re in the hospital or a hospice. That is certain to be expensive. But who will pay those expenses after you’ve gone? Just because you’ve passed away doesn’t mean your bills disappear. Instead, the debt falls to your family. But there is a way to help ease the burden on your family: buy life
If you’re like most people, you love your pet as much as you love your family members (maybe even more in some cases). But when you die, what happens to your dog, cat, or other furry friend? One way to make sure they get the quality of care you want is to name your pet as the beneficiary of a life insurance policy. All you have to do is leave instructions—ideally in your will—specifying the
Assets. Income. Expenses. Those are the three most important things to remember when you try to determine just how much life insurance you should purchase in order to safeguard the financial security and stability of your family when you die. Calculating how much life insurance your family needs is based on three measures: your assets, your income, and your expenses. Be thorough and accurate in determining the amount of each. And then, you can be
In the United States today, about one in five life insurance policies is bought online, through the mail, or over the telephone, according to the Life Insurance Marketing and Research Association (LIMRA) and the Life Insurance Direct Marketing Association (LIDMA). Far and away, the fastest growing way to buy term life insurance today is over the Internet. Why is buying insurance online so popular? There are clear, compelling reasons why consumers choose the Internet when
Buying life insurance is one of the most important things you can do to protect your family’s future. But even insurance agents admit—it’s not the most enjoyable topic to talk about. Despite that, however, it is essential to make the time, have the talk, and take the action needed to get life insurance. Here are a few ways to make discussing it with your spouse easier. First, calculate your assets, income, and expenses. Have an
Financial security for your family in the event of your death is the reason for life insurance. That’s the best thing about coverage. But beyond security, three more advantages make term life insurance especially appealing.
Term life insurance helps cover your financial responsibilities if you die. Quite simply, when you go, your income goes. And with it goes the regular influx of funds to pay your expenses. Think about all your expenses now and in the future: your mortgage, your children’s college education fund, your credit card debts, the family cars, and just the day-to-day cost of living for your spouse and children. Plus, think about the potential medical in