You can also add term policies, or term riders, to
cover specific financial needs.
You can also check out RateSupermarket.ca's handy Coverage Calculator to see just how much coverage is required to
cover your specific financial needs.
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.
Most people purchase life insurance to
cover a specific financial need.
Not exact matches
Maro: «I think Alejandro's concerns in terms of economic resources are what also Elena mentioned: We do not
need a
specific economic resource to buy; we
need permanent
financial resources with which to not only
cover costs but also pay wages, pay somehow everything that each of us is doing; it is an economic recognition of our qualifications, our work, and all that.
Of course, it also depends on what your budget will allow and whether you have any
specific financial needs you want to
cover.
In other words, most individual life insurance policies are purchased by the insured to provide
financial security for the his / her family or to
cover a
specific personal
need.