Comments on: Life Insurance May Make Better Budget Sense Than You Think http://www.thesunsfinancialdiary.com/personal-finance/life-insurance-budget-sense/ Fri, 03 Feb 2012 17:42:24 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Life Insurance Atlantahttp://www.thesunsfinancialdiary.com/personal-finance/life-insurance-budget-sense/#comment-64133 Life Insurance Atlanta Mon, 03 Jan 2011 08:32:04 +0000 http://www.thesunsfinancialdiary.com/?p=3954#comment-64133 Life insurance for the young and healthy may not make sense now, but if you think about how being older and having a preexisting condition are factors that will cause you to pay higher premiums, or be denied coverage altogether, then you'll understand that it does make a lot of sense. Life insurance for the young and healthy may not make sense now, but if you think about how being older and having a preexisting condition are factors that will cause you to pay higher premiums, or be denied coverage altogether, then you’ll understand that it does make a lot of sense.

]]> By: Denisehttp://www.thesunsfinancialdiary.com/personal-finance/life-insurance-budget-sense/#comment-61162 Denise Wed, 28 Oct 2009 11:59:19 +0000 http://www.thesunsfinancialdiary.com/?p=3954#comment-61162 The knee-jerk reaction to these trying financial times is to get rid of the unnecessary expenses in your life. But be warned that life insurance is definitely not one of these avoidable expenses. What you write about is absolutely true – life insurance is the best protection for your family in the case of your untimely death. But, I also cannot repeat enough that everyone benefits from life insurance. The belief that only families need insurance is no more applicable. Even if you are single, you will benefit from a life insurance policy to plan for your funeral expenses, clearing of your debts or even looking after any other dependents such as siblings and aging parents. I would urge everyone to go ahead and visit the various online service providers to get a quote at the earliest.Denise at AccuQuote Disclaimer: I work for AccuQuote and this is my personal opinion. The knee-jerk reaction to these trying financial times is to get rid of the unnecessary expenses in your life. But be warned that life insurance is definitely not one of these avoidable expenses. What you write about is absolutely true – life insurance is the best protection for your family in the case of your untimely death. But, I also cannot repeat enough that everyone benefits from life insurance. The belief that only families need insurance is no more applicable. Even if you are single, you will benefit from a life insurance policy to plan for your funeral expenses, clearing of your debts or even looking after any other dependents such as siblings and aging parents. I would urge everyone to go ahead and visit the various online service providers to get a quote at the earliest.

Denise at AccuQuote
Disclaimer: I work for AccuQuote and this is my personal opinion.

]]> By: Life Insurerhttp://www.thesunsfinancialdiary.com/personal-finance/life-insurance-budget-sense/#comment-57010 Life Insurer Mon, 04 May 2009 16:44:54 +0000 http://www.thesunsfinancialdiary.com/?p=3954#comment-57010 Many people only have life insurance through their employers, so when they leave their jobs, they no longer have coverage. Term life insurance is fairly priced, so people leaving their jobs (and life insurance) should look into an inexpensive term policy. Many people only have life insurance through their employers, so when they leave their jobs, they no longer have coverage. Term life insurance is fairly priced, so people leaving their jobs (and life insurance) should look into an inexpensive term policy.

]]> By: Find a financial planner or advisorhttp://www.thesunsfinancialdiary.com/personal-finance/life-insurance-budget-sense/#comment-56689 Find a financial planner or advisor Wed, 29 Apr 2009 16:19:20 +0000 http://www.thesunsfinancialdiary.com/?p=3954#comment-56689 Actually, cash value (permanent) life insurance has outperformed stocks for the past 10 years and many policies have outperformed the market over the past 20 years.So the argument that it is unnecessary or expensive just don't match the facts. It is actually when you are young (and still insurable) that you want to buy insurance to protect your future dependents. My wife had melanoma before age 30. My friend had a heart bypass before 40. If you have a potential insurance need, why not earn a competitive return on it also?The following article describes how to choose an insurance rep: http://www.claroconnect.com/Financial_Library/howto_insurance.htm Actually, cash value (permanent) life insurance has outperformed stocks for the past 10 years and many policies have outperformed the market over the past 20 years.

So the argument that it is unnecessary or expensive just don’t match the facts. It is actually when you are young (and still insurable) that you want to buy insurance to protect your future dependents. My wife had melanoma before age 30. My friend had a heart bypass before 40. If you have a potential insurance need, why not earn a competitive return on it also?

The following article describes how to choose an insurance rep:
http://www.claroconnect.com/Financial_Library/howto_insurance.htm

]]> By: Jerryhttp://www.thesunsfinancialdiary.com/personal-finance/life-insurance-budget-sense/#comment-56622 Jerry Tue, 28 Apr 2009 14:44:16 +0000 http://www.thesunsfinancialdiary.com/?p=3954#comment-56622 Well, life insurance for the really young doesn't make any sense to me. There are some that promote it but it just doesn't seem sensible. I think for a parent to take on out on a child could lead to some paranoia. I don't know... Jerry Well, life insurance for the really young doesn’t make any sense to me. There are some that promote it but it just doesn’t seem sensible. I think for a parent to take on out on a child could lead to some paranoia. I don’t know…
Jerry

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