Financial advisors often recommend that
their clients purchase a term life insurance policy if they are the main breadwinners for the family.
Not exact matches
Most
life insurance agents try to push their
clients into adding a return of premium rider to any
term policies purchased.
In some cases, it can make sense for a
client to keep their
term life insurance policy, as it is possible that the plan was
purchased for a «temporary»
insurance need, such as the payoff of a mortgage balance.
And while we believe that
purchasing a
term life insurance policy is a great way to do that, we understand that not all of our clients are going to be able to qualify or afford a life insurance policy at this time in their life (Interested in knowing what it would cost, just click here Term Life Insurance Quot
term life insurance policy is a great way to do that, we understand that not all of our clients are going to be able to qualify or afford a life insurance policy at this time in their life (Interested in knowing what it would cost, just click here Term Life Insurance Quot
life insurance policy is a great way to do that, we understand that not all of our clients are going to be able to qualify or afford a life insurance policy at this time in their life (Interested in knowing what it would cost, just click here Term Life Insurance
insurance policy is a great way to do that, we understand that not all of our
clients are going to be able to qualify or afford a
life insurance policy at this time in their life (Interested in knowing what it would cost, just click here Term Life Insurance Quot
life insurance policy at this time in their life (Interested in knowing what it would cost, just click here Term Life Insurance
insurance policy at this time in their
life (Interested in knowing what it would cost, just click here Term Life Insurance Quot
life (Interested in knowing what it would cost, just click here
Term Life Insurance Quot
Term Life Insurance Quot
Life InsuranceInsurance Quotes).
Life insurance is known to be a «sticky» asset, meaning that once they buy a
policy clients tend to hang on to it ---- and the advisor they
purchased it from ---- for the long
term.
Recently, a younger business owner
client of mine was inquiring about
purchasing a
term life insurance policy.
Most
life insurance agents try to push their
clients into adding a return of premium rider to any
term policies they
purchase.
Advising
clients to
purchase level paid up riders is often ill advised because so many people struggle to afford whole
life insurance policies long
term.
Buying
life insurance at age 36 should be pretty affordable because most
clients at this age will be looking to
purchase a
term life insurance policy instead of whole
life insurance.
48 year old
client wants to
purchase a $ 500,000 30 year
term life insurance policy to protect his wife and two children who are 8 and 10 years old.
When it comes to understanding what some of the disadvantages of
purchasing a guaranteed acceptance
life insurance policy are, the first thing a
client or potential customer needs to understand is what the
term «Graded Death Benefit» means, and how it could potentially influence whether or not a guaranteed
life insurance policy will be the right option for them.
And while we believe that
purchasing term life insurance is a great way to do that, we understand that not all of our
clients are going to be able to qualify or afford a
life insurance policy at this time in their
life.
The
client had an option of
purchasing a traditional universal
life insurance policy at an annual rate of $ 8,700, or
purchasing a 30 - year
term life policy for $ 700 a year and investing the difference into a 401 (k).
The
client had an option of
purchasing a traditional universal
life insurance policy at an annual rate of $ 8,700 vs.
purchasing a 30 - year
term life policy for $ 700 a year and investing the difference into a 401 (k).
In the example, the
client had an option of
purchasing a traditional universal
life insurance policy at an annual rate of $ 8,700 versus
purchasing a 30 year
term policy for $ 700 a year and investing the difference into a 401 (k).
As a
life insurance agent, one of the first things I like to tell my
clients is that no matter what I say to you, and no matter how badly you want to
purchase life insurance from me today, the truth is, it's probably going to take about 4 to 8 weeks to get a fully underwritten
term life insurance policy in place.
For these
clients, we'll definitely want to take a look at some of the alternative
life insurance products that are out there and if the situation makes sense, we may even recommend that they
purchase one of these
life insurance policies as a short
term «fit» until they're able to qualify for a traditional
term or whole
life insurance policy later on.