Not exact matches
At the end
of the
day, you
need a
financial plan for your money just as you
need clothes to protect your body, shelter to protect your
family, and heat to keep you warm.
According to «Women and money across the generations» research conducted by RMIT University in 2014, 80 %
of women say their top
financial priority is providing for their
family's
day - to -
day needs.
Term life insurance plans, whether they are popular or not, are a very important part
of our
financial planning process because they provide aid during those rainy
days where the
family needs a
financial cushion to soften the blow
of the death
of the bread - winner.
Quite naturally, the period
of coverage is predetermined by an individual
need for Life Insurance and the death benefit is influenced by potential
needs of the
family in the event
of the insured's death as well as the present
day financial obligations, such as mortgage payments or education expenses.
With uncertainties rising by the
day and everyfamily's
need for
financial stability, the awareness that insurancecoverage can help
families deal with the death
of a loved one, atleast financially, is ensuring the growth
of life insuranceindustry.
Since ignoring the fact that we'll all one
day face the inevitable, isn't going to make the
financial burdens associated with dying go away, we here at TermLife2Go chose to write this article so that we can openly discuss the questions that many folks have (but may not want to discuss), and hopefully answer many
of the questions that could keep many
families from being able to seek out the life insurance coverage that they
need.
While choosing the life cover, you also
need to assess your
financial obligations such as children's education, marriage, or other
day to
day expenses
of your
family, so that the cover amount your
family will receive can easily help them maintain the similar lifestyle.
* enabled needy birthparents to attend GED classes; * helped soften the blow
of financial loss in the wake
of disrupted adoption plans; * assisted with burial costs in cases
of fetal demise; * offered assistance to Abrazo
families affected by hurricanes and natural disasters; * sponsored Mother's
Day mailings and our biannual Homecoming event in honor
of our loving birthmoms; * subsidized unanticipated medical and equipment costs for
families with special
needs kids; * powered Santa's sleigh for the forwarding
of donated Christmas stockings to indigent
families; * sent parents
of special
needs kids out on much -
needed dinner dates; * provided filled goody - bags for birthfamilies and adoptive
families attending agency reunions; * sponsored an in - office wedding for a birthmom and a birthdad who was about to deploy; * offset unexpected legal expenses in contested cases; * subsidized Camp Abrazo costs for disadvantaged attendees; * enabled adoptions
of hard - to - place children;