LIFE INSURANCE

 Who depends on your income?  What would happen if your income was cut off next month due to an unexpected accident?  Would your family continue to function financially?   

HOW MUCH LIFE INSURANCE TO BUY?

Part of the life insurance decision comes down to the question, "How much would your dependents need to replace your income, or pay your obligations if you died?".   Purchasing at least 10 times your current income is a good rough number to shoot for when purchasing life insurance.   A financial needs analysis can help refine this estimate.

Most people avoid buying life insurance because:

1.  It's hard to admit that we could have an  and die young, or die from an illness.   We all know people who have suffered this fate, but we live in denial that it could happen to us.

2.  We always think we have more time than we do.   Once we grudgingly admit that we probably should have life insurance, we put off the act of applying because it seems so unlikely that this year could be our last.  "I'm not going to die today, so maybe next year...".

Life Insurance costs are based on your age, weight, and ability to qualify medically.  Monthly I tell clients that they cannot qualify for reasonably priced life insurance or coverage at all due to health conditions.

 For most people life insurance becomes affordable if you priortized the need, and budget the ongoing expense.  

I use a local life insurance brokerage firm that can generate the lowest term life quotes anywhere, and only from top rated companies.   

If you would like a no-obligation quote please call me at 503-650-4325 or email me at danneils@gmail.com