Now, the amount and type of
life insurance you need depends on your situation and your objectives.
a)
Your life insurance needs depend on how much income you want to provide for your beneficiaries and for how long, how much you require for funeral expenses, education funds, and to pay off outstanding debts.
The amount and type of
life insurance you need depends on how much risk you are willing to take and the needs of the people whom you wish to protect.
The amount of
life insurance you need depends on your particular situation; who will you need to financially protect and for how long?
A death benefit essentially serves as income replacement and how much
life insurance you need depends on your family's existing financial obligations and sources of income.
The amount of
life insurance you need depends on your goals, your family, and the expenses you want your family to be able to cover once you are no longer there to support them.
Calculating how much
life insurance you need depends on a few key factors.
The amount and type of
life insurance you need depends on factors such as income, your dependents, debt, lifestyle, and how much risk you are willing to take.
How much
life insurance you need depends on your individual situation.
Your life insurance needs depend on many factors, but if possible, it's better to buy a policy when you're young and healthy and it costs the least.
The amount of
life insurance you need depends on your particular situation; who will you need to financially protect and for how long?
The amount of
life insurance you need depends greatly on your life and financial situation.
The type of
life insurance you need depends on your budget, your financial responsibilities, and what your goals are with acquiring life insurance coverage.
The amount of
life insurance you need depends on factors such as your other sources of income, how many dependents you have, your debts, and your lifestyle.
Your life insurance needs depends on a wide range of factors, including the measurements of your loved ones, the character of one's financial obligations, your job stage, as well as your goals.
Knowing the amount of
life insurance you need depends on the many things that are going on in your life.
For most,
life insurance needs depend on income and life stages.
How much
life insurance you need depends on a few key factors.
Not exact matches
Simply put: If you have anyone in your
life who
depends on you financially, you
need life insurance.
However, if you're not independently wealthy and you have people who
depend on you and your income, you probably
need life insurance.
In later
life stages, permanent
life insurance may offer,
depending on the type of policy, the opportunity to accumulate cash value on a tax - deferred accrual basis, money that can be used for diverse
needs.
Breadwinners: «If anyone in your
life depends on you financially, you
need life insurance,» said Marvin Feldman, CEO of consumer advocacy group LifeHappens.org.
Depending on how your finances are organized, you may not
need to include all of these loans when calculating your
life insurance needs.
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.
Life insurance prices vary
depending on your individual
needs and health.
Insurance prices fluctuate
depending on where you
live however, so you will
need to get a quote tailored to your area to get the most accurate rate.
Your exact
life insurance needs will depend on your financial needs and whether you and your spouse have children to support; the Life Foundation offers a calculator to help you determine how much insurance to purch
life insurance needs will
depend on your financial
needs and whether you and your spouse have children to support; the
Life Foundation offers a calculator to help you determine how much insurance to purch
Life Foundation offers a calculator to help you determine how much
insurance to purchase.
For many retirees a stock stake in the range of 40 % to 60 % in the initial stage of retirement makes sense, although what's right for you will
depend on such factors as your risk tolerance, the size of your nest egg, how much income you
need to draw from it and what other resources (a pension, cash value
life insurance, whatever) you have to fall back on.
«When someone else is
depending on your income, there's generally a
need for
life insurance,» explains Ewanich.
However,
depending on your
needs and your changing family
life, you may find that a permanent
insurance policy could also help you meet certain financial goals.
Because the best
life insurance company for you will
depend on your
need, based on your unique goals and objectives.
Composing such a list and knowing which companies are the so called «best» will vary
depending on the type of permanent
life insurance needed.
Depending on how your finances are organized, you may not
need to include all of these loans when calculating your
life insurance needs.
Term
Life Insurance fulfills this
need perfectly and
depending on your age and health it is inexpensive for the piece of mind it provides.
Everyone's
life insurance needs vary
depending on their standard of
living, family obligations, financial obligations and accumulated wealth.
The best
life insurance coverage for you
depends on your specific personal and business
needs and goals.
Not having enough
life insurance: Again, no one wants to think about death; but if you have anyone that
depends on your income or your time, you
need life insurance.
For instance, if you are single and have parents that
depend on you for their upkeep, you
need life insurance.
The
need for
life insurance depends on an individual's personal circumstances.
Windfall:
Depending on the size of the windfall, you may no longer
need any
life insurance.
Depending on your unique situation, this article provides options to make sure that you become matched with the type of
life insurance that meets your
needs, whether that's term
life insurance, whole
life insurance or a combination of policies.
Most single people don't
need life insurance because no one
depends on them financially.
«If a child, a spouse, a
life partner, or a parent
depends on you and your income, you
need life insurance.»
What you
need is
life insurance purely for protection until your family no longer
depends on your income, and that's why term
insurance is the perfect fit for you.
How much
life insurance you'll
need obviously
depends on individual circumstances, but you can definitely determine the proper amount yourself.
Your
need for a
life insurance rider may also
depend on how much
life insurance protection exists in the policy you have, and what gaps in coverage remain.
Whether a homeowner
needs flood
insurance depends on the risk of a flood where they
live, and whether the government or their mortgage lender requires it.
Determining whether you
need a
life insurance rider will
depend on your financial situation, your age, the state of your health, the
needs of your dependents, and your desire to have coverage for a specific situation.
On the other hand, if you
live by yourself and / or no one
depends on your income then you may not
need any
life insurance coverage at all.
Although all types of
life insurance can be important —
depending upon one's
needs — final expense coverage can fill the specific
need of ensuring that loved ones are not burdened with having to come up with a substantial amount of money at an already emotional time.