One question that’s asked by nearly everyone eventually is “should I get a life insurance policy?”.
Life insurance pays out a benefit when the person insured dies during the time that the policy is in force. It can provide the cash needed to pay for burial, pay off mortgages and loans and give your family a financial cushion while they get back on their feet. When you’re young or have little discretionary income, it’s easy to tell yourself that life insurance is just for the well-off, but the truth is that life insurance is far more necessary for those who have no monetary cushion against life’s rougher times.
You should consider life insurance if:
– you have dependents
The moment you are responsible for another person in your life, you need life insurance. Whether it’s your children, a spouse or employees, if someone counts on your ability to earn an income, then life insurance is a necessity.
– you have a mortgage or other detbs
If you have a mortgage, you need life insurance to pay off the remainder of the mortgage if you should die before the mortgage is paid off. If you...
To view and download this full PLR article, you must be logged in. Registration is completely free. Once you create your account, you will be able to browse, search & downlod from our PLR articles database of over "1,57,897+" on 1,000's of niches and 200+ categories without paying a penny. Click here to signup...
