Sentences with phrase «why purchasing life insurance»

That's why purchasing a life insurance policy to care for the loved ones we leave behind is so vital.
There are several reasons why purchasing life insurance on your parents could be beneficial to you.
Because a life insurance premium payment has to compete against more obvious monthly expenses like housing, food and transportation, it's important to understand why purchasing life insurance is a priority or it will continue to sit on the bottom of your to - do list.
As you can see, just over half of surveyed life insurance owners cite that covering the costs of their funeral / burial and other final expenses is a major reason as to why they purchased life insurance, replacing income is the second most common reason.
If someone comes to me with this conundrum I ask them to sit down and think about why they purchased life insurance in the first place.
Pause for a moment and revisit the original reason why you purchased your life insurance policy in the first place.
Why you purchase life insurance is just as important as how you purchase life insurance.

Not exact matches

Here are seven important reasons why you should consider purchasing a life insurance policy.
This is why we often refer to term life insurance as «renting a death benefit» and highly recommend purchasing convertible term life insurance if you choose to go this route.
Each year as you grow older, the cost of insuring your life gets more expensive for the life insurance company, This is why the older you are, the more it costs to purchase a term life policy.
This article covers the specifics of an AD&D life insurance policy rider, such as what it is, how it works, how it can be purchased, and why you should consider buying one.
But there are several reasons why this is a poor strategy, and why you should at least purchase an inexpensive term life insurance policy.
Likewise, life insurance policies purchased with a spouse is another leading reason why policyholders sell their life insurance.
In this guide, we'll thoroughly explain what guaranteed issue life insurance is, clarify any confusing facts out there, compare the pros and cons, talk about why you may not need it, go over the top three companies, and explain how to purchase a policy.
The key thing to understanding when buying a permanent life insurance is why are you purchasing the policy.
In fact, there are a number of reasons why those who are over 70 or even over 80 should consider purchasing — or keeping — life insurance coverage, because without it, you could be leaving those you love the most in a very difficult financial position in the future.
That is why it is very important to purchase all your life insurance at the youngest age possible.
There are many different reasons why people purchase life insurance coverage.
Why should I purchase life insurance?
Let's go over each of these needs and find out why people still purchase life insurance as they get older and analyze which policy might be best to suit your needs.
There are many reasons why someone might consider the purchase of life insurance — regardless of their current age, income, and / or family situation.
There are a great many reasons why an individual would want to purchase a life insurance policy, but peace of mind is certainly one of the most important.
When purchasing life insurance, there are many underlying reasons why the applicant may be doing so.
Graded death benefit is probably the most significant disadvantage associated with purchasing a guaranteed life insurance policy which is why we want to be 100 % sure you fully understand what a graded death benefit is.
One reason why some may avoid purchasing life insurance is because they don't want to take part in a medical exam.
Now that we've listed several reasons why someone may be interested in purchasing a whole life insurance policy, it only makes sense that we now talk about the # 1 reason we'll often recommend a cash value whole life insurance policy... which is, it's all the client can qualify for.
A recent 2016 study called the Insurance Barometer explored the various reasons why people do not follow through with purchasing life iInsurance Barometer explored the various reasons why people do not follow through with purchasing life insuranceinsurance.
There isn't enough information for me to know why the insurance was purchased on the child, but hopefully it was to protect the child's interests later in life rather than a «benefit» to the owner / beneficiary of the policy if the child dies during their formative years.
Why go international when you can purchase life insurance from a domestic firm?
This is why we're considering it, and please let me know your thoughts... I have type 1 diabetes and did not have life insurance prior to our purchase.
That's why, when you take out a mortgage, the loan officer will often encourage you to purchase life insurance on the loan.
A global study discovers why individuals don't purchase life insurance and uncovers the one reason...
That allows individuals a piece of mind that you can not put a price on — and that's why life insurance policies are so commonly purchased.
It's not always understood initially why stay - at - home parents need to purchase life insurance; in fact it's one of the most common life insurance myths that if you don't work outside of the home it's not needed.
Here are some reasons relying on your workplace life insurance policy could spell financial disaster, and why you should purchase your own private policy to stay on the safe side:
When asked why they prefer to purchase life insurance online, three - quarters of those consumers said the major reason was convenience and the ability to purchase at their own time and pace, according to LIMRA.
There are 4 main reasons why consumers purchase no exam life insurance (as opposed to traditional fully underwritten life insurance)
Another reason why people shy away from purchasing a life insurance policy is that they believe they do not receive any maturity benefit in return.
There are any number of reasons why someone should consider purchasing life insurance.
Life insurance is most often purchased by adults in their younger or even middle aged years, but there are many reasons why adults may consider purchasing life insurance as seniLife insurance is most often purchased by adults in their younger or even middle aged years, but there are many reasons why adults may consider purchasing life insurance as senilife insurance as seniors.
This is why it's vital to consider all alternatives when purchasing life insurance.
There is never a reason why anyone should ever purchase final expense insurance from Lincoln Heritage life insurance company.
The first thing you should consider is why are you purchasing life insurance?
Tax Deferred Feature and Its Advantage Another major reason why most people prefer to purchase interest sensitive life insurance policy is it tax deferment characteristic.
Here are seven important reasons why you should consider purchasing a life insurance policy.
Regardless of why you want to purchase indexed universal life insurance, it's important you get the lowest possible rates.
Does an insurance broker receive a salary?That's a dirty little secret the insurance industry does not want you to know, for fear it could kill the sale.If the public knew that general agent gets 120 percent or which I get 85 percent associated with first - year premium, that could be an eye - opener,» admits one life agent, who spoke on condition of anonymity.For example, why don't we say you purchased an entire, universal, variable life or term life policy from Ann and paid $ 1,000 in premiums the initial year.
First, purchasing life insurance in your 20's is probably going to be your «best» chance at qualifying for a Preferred rate which is why you should definitely do it because you're likely to never be able to purchase your life insurance for less.
Chances are it won't cover everything you need which is why purchasing a second life insurance policy is essential, especially if you have a family.
Likely when you purchase your auto insurance, you shopped around, why would you do the same with your life insurance?
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