Sentences with phrase «buying life insurance needs»

Any person who is thinking about buying life insurance needs to confirm the company they buy their policy from is financially sound.

You even get the option of choosing coverage for a period of 10, 15, 20, or 30 years, which offers you the flexibility to buy the life insurance you need, while you need it, to meet your family's needs.

Not exact matches

Calculate how much life protection coverage you need and provides you with practical tips for buying insurance

Millennial moms may think they're too young to buy life insurance, but financial advisors say new parents often need life insurance the most.

The decision of whether to buy term or cash value (also known as permanent) life insurance depends on your personal needs and how much you want to spend for life insurance coverage.

Do we need to buy life insurance?

Buying Insurance is from Susan Traugh's Daily Living Skills series offering transitional skills for mild - to - moderately affected special needs students and general education students alike.

Back in the mid 60 ′ s I bought my tires at the Ford dealership that I worked at part time and basically got them at their prices.From 68 to 72 I didn't need to buy any tires, just life insurance, lol.

I never felt pressured to buy, but I am certain I got the right term life insurance for my needs» — Ken, Raleigh, NC

Some people buy term life insurance as a supplement to a whole life insurance policy, to cover specific financial needs, such as a mortgage or college tuition.

If you have a cash value policy and can no longer afford to pay the contract's premiums but still need insurance, for example, your carrier may be able to continue insuring your life by using your policy's cash value to buy term life insurance.

When you want to buy term life insurance, evaluate your family's financial needs and the length of time you want the coverage.

Of course, if you don't buy enough life insurance, you could end up leaving a payout to your beneficiary that is insufficient for what is needed to replace your income.

Perhaps you only bought life insurance to cover your mortgage, and having paid it off after 20 years, you no longer need life insurance.

It's a good idea to review your need for life insurance whenever a major life event occurs, and also bear in mind that generally the younger you buy it, the less it will cost you.

When buying life insurance, you have to consider things such as the ages of your spouse and kids, how much of your income they need to survive and future big expenses like a mortgage and college.

The key is to gain the education needed to make an informed decision on the type of policy that is best for you before you decide to buy life insurance.

Once you know you want to provide benefits to your family upon your passing, and you have chosen to buy a permanent life insurance policy, the next decision you need to make is which type of permanent life insurance best suits your needs.

Having a heart attack quickly puts life into perspective, making the need of buying life insurance that much more important.

@merrillmatter If I ran a life insurance portfolio, a closed end fund, an open end HY fund, I would buy cat bonds, u need a balance sheet $ $ Apr 24, 2012

When you buy life insurance on someone, you need to have consent and insurable interest.

To buy life insurance on someone you need to have insurable interest.

Not only do you need to prove insurable interest to buy life insurance on someone, you also need their consent.

Using life insurance to fund a buy sell agreement provides the needed liquidity to make sure the business can survive the loss of an owner.

At time of issue you need to pay the insurance carrier an amount equal to the difference in price between the term policy and what the premium payments would have been had you bought a whole life policy in the first place.

Homeowners who live in a floodplain, for example, usually need to buy supplemental flood insurance.

Before buying life insurance, though, you must know that what you are buying fits your current needs and life.

Here are three questions you absolutely need to ask when you buy life insurance - regardless of where you buy it.

However, if you only need financial coverage for a particular period of time, you would probably be better served buying a term life insurance policy with an additional insured rider.

But there's no better time to buy life insurance — not only do you most likely need to protect your family from owing money if you die unexpectedly, but it'll never be cheaper than it is right now.

2 — While buying second term plan, you need to provide the details of the existing life insurance plan (s) in the proposal form.

But insurance is one of those things in life that you buy in the hopes that you don't need it, so that it's there when you do need it.

When considering buying a life insurance policy to cover cosigned student loan debts, you just need to ask two questions:

For a special needs child, who might not otherwise be insurable, the child rider is an essential addition for a parent who is buying a term life insurance policy.

Ifyou've cosigned a private student loan or taken out a Parent PLUS loan and are worried about a possible tax bill, you need to buy life insurance for your kid.

The big exception: if you've cosigned a private student loan with your child, you need to think about the unthinkable and buy him or her a life insurance policy.

In this instance, buying a term policy for the amount of life insurance you need for that extra protection can be a good solution.

People that opt for permanent life insurance at an early age often find that because premiums are higher than with term life insurance, they skimp and buy less insurance than they really need to replace lost wages, pay off a mortgage or pay for their children's college education if they die.

If your spouse is absolutely opposed the idea of having life insurance on his or her own life, you may need to buy and maintain a policy for them.

Q — How do I figure out how much life insurance I need and what type of insurance to buy?

A life insurance agent — like Quotacy — will get you the best policy features and benefits for your needs during the application stage and will service your policy after you buy life insurance.

If you change jobs and have to travel to unsafe countries, you may not be able to buy life insurance when you need it most.

If you don't have a great relationship with your older brother and you are now concerned he may be able to buy a life insurance policy on you without you knowing — don't worry — to buy life insurance on someone else you need the proposed insured's consent.

When you buy a whole life insurance policy, you carefully calculate how much coverage you may need to financially provide for your loved ones upon your death.

Generally, if you have whole life policy and need more coverage, your only option may be to buy another life insurance policy.

Unlike independent insurance agencies, State farm sells only its own life insurance products so you need to work directly with a local State Farm agent if you are considering buying life insurance from State Farm.

You'll also find information and interactive tools to help you get a sense of how much and what kind to buy, plus information about how different life events — such as having children or buying a home — can affect your insurance needs.

It's important to lessen your exposure to risk, of course — you still need to lock your doors, for example — but buying renters insurance in Poughkeepsie means that a loss won't have nearly as large of an impact on your life.

Your individual needs are what should determine the type of life insurance you buy.

Don't be pressured into buying an investment or life insurance product you don't need or want.