Tagged With: life insurance

Why I may have life insurance even if I never purchase it

What’s the purpose of life insurance? It’s to help replace your income to your beneficiaries in case of your death. With regard to the giant payout that a term life policy generates, if invested properly, not only can it be used to take the place of your lost income, but it can also be invested, and … Continue reading »

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Why I’m thinking about getting life insurance (before I need it)

Life insurance is the teeth-flossing of financial products. It’s something you know you need to deal with, but you really don’t want to. Luckily, unlike flossing, there are those who don’t really need it. The question about life insurance is answered by asking the question “does anyone depend on my income?” If yes, then you … Continue reading »

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