Sentences with phrase «first purposes of life insurance»

The first purpose of your life insurance plan is to give your loved ones the money that they need to pay off your bills.

The first purpose of your life insurance is to help your family pay off any bills that you would leave behind if you passed away.

Not exact matches

In determining how much life insurance you need, first ask yourself, «What is the purpose of the insurance?»

Before you evaluate the pros and cons of a life insurance settlement, first consider that a third party will own insurance on your life, with the purpose of profiting when you die.

This would defeat the whole purpose of purchasing a life insurance policy in the first place.

Cash that is saved in a life insurance policy can be used for any number of purposes, such as providing funds to loved ones for college expenses, weddings, or even a down payment on their first home.

First, the purpose of life insurance is to protect insurable interest.

The first thing you should do when determining the level term period of your life insurance you should buy is to ask yourself the question, «What is the real purpose for the insurance?»

And the type of policy you should buy largely depends on your purpose for carrying life insurance in the first place.

In this case, you will have defeated the purpose of getting life insurance in the first place — your family will get nothing but a refund of your premiums.

Considering the average life expectancy of 78, and that the first 18 years of that doesn't count for these purposes, you'd have to live 28 years longer than average (116 years old) in order to lose money on renters insurance.

If you are taking the course for insurance - reduction purposes, we recommend that you first speak with your Justice of the Peace Precinct 2 Place 1 Live Oak insurance agent.