Not exact matches
Agents are responsible for your financial responsibilities including investments, bank transactions,
insurance, claims and litigations, family
obligations (child support, alimony or palimony,
tuition), military retirement payments, social security payments, bills and debt payments, and taxes.
Term life
insurance makes sense for consumers who have financial
obligations — such as
tuition or mortgage payments — that disappear over time.
How much life
insurance you should carry depends on how much debt you have, how much income you need to replace and the cost of any future
obligations you want to fund, such as a child's college
tuition.
If your family's financial
obligations are finite — like the years covering a mortgage or college
tuition — term life
insurance is suitable and will give you more bang for your buck.
Term
insurance policy is generally used to cover financial
obligations that will disappear over time such as mortgage or
tuition payments.
The non-custodial parent's monthly child support
obligation should be detailed, along with responsibility for the children's
insurance and any school
tuition.