Why and When do you need Life Insurance?
Updated: January 7, 2009
A RECENT SURVEY FOUND 75 PERCENT OF AMERICANS ARE CONCERNED THEY DO NOT HAVE ADEQUATE LIFE INSURANCE... AND 45 PERCENT CLAIM THEY HAVE NOT TAKEN THE STEPS TO DETERMINE WHAT THAT COVERAGE SHOULD BE. HERE ARE TIPS FROM CERTIFIED FINANCIAL PLANNER, CURT ANDERSON:
Q1: WHAT ARE THE MAIN REASONS PEOPLE SHOULD PURCHASE LIFE INSURANCE?
. Final expenses. Repay debts Replace income.
Q2: WHAT EVENTS TRIGGER THE NEED FOR LIFE INSURANCE? Marriage.. Birth of a child. Purchase of a new home.
The bottom line is that life insurance pays a very important role in ones overall financial plan.
