What Are The Different Types Of Term Life Insurance Policies?

Term insurance comes in two basic varieties—level term and decreasing term. These days, almost everyone buys level term insurance. The terms “level” and “decreasing” refer to the death benefit amount during the term of the policy. A level term policy pays the same benefit amount if death occurs at any point during the term. Common…

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How Much Life Insurance Do I Need?

In most cases, if you have no dependents and have enough money to pay your final expenses, you don’t need any life insurance. If you want to create an inheritance or make a charitable contribution, buy enough life insurance to achieve those goals. If you have dependents, buy enough life insurance so that, when combined…

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Why Should I Buy Life Insurance?

Many financial experts consider life insurance to be the cornerstone of sound financial planning. It can be an important tool in the following situations: Replace income for dependents. If people depend on your income, life insurance can replace that income for them if you die. The most commonly recognized case of this is parents with young…

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IN: Do I Really Need or Want Need Life Insurance?

Dear Valued Customer, To some, life insurance is a taboo subject, but many financial experts consider life insurance to be the cornerstone of sound financial planning. In this issue of “—————,” we focus on the different types of life insurance, how much life insurance you need, and all the reasons why you should buy it.…

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