According to Steve Kramer, who has served on the members» insurance and benefits committee of the California Society of Certified Public Accountants for 27 years, this group not needing insurance includes people who have raised and educated children now living independently, folks who have
accumulated sufficient assets to support a surviving spouse and the single elderly (and not - so - elderly) population.
Not exact matches
The key drivers of the Savings Glut, however, have weakened or reversed: China's growth is rebalancing toward domestic consumption, and its stock of foreign exchange (FX) reserves has declined; other Asian emerging markets have already
accumulated sufficient FX reserves and no longer need to
accumulate assets; and the plunge in oil prices is forcing a number of oil exporters to reduce savings to delay or smooth the adjustment in expenditures.
Ensure your
accumulated assets are
sufficient to provide for your dependents in the event of your death.