Sentences with phrase «realistic amount of coverage you need»
Talk with an insurance professional for guidance on the realistic amount of coverage you need to carry.
https://www.insuranceproviders.com/ Not exact matches
Lowering the disability coverage amount can also lower the cost of the policy, but be realistic about how much replacement income you need.
Armed with this more realistic number, you can now compare it against the amount of coverage you have from your employer's group plan or from your current individual policy and decide whether you need to buy more.
The goal when valuing a key person for life and disability insurance is to get the correct amount of coverage based on the specific needs of the business but that also corresponds to the realistic loss associated with the death or disability of the key employee from the insurance company's viewpoint.