How Can You Simply Determine How Much Life Insurance You Need? Can you exactly calculate how much life insurance you need? As in EXACTLY determine "how much" financially dependent your family would be when you are not around? Well, honestly it's not possible and hence the best method to determine how much life insurance one needs is "guestimation" i.e. guess + estimation…:-)On a serious note, there are loads and loads of complicated ways...more
A life insurance trust is the best option, especially for those looking in the over 50's life insurance market because of the advantages a trust offers in saving tens of thousands in inheritance tax. So now it becomes clear that the choice of trustees is vital and that you are comfortable with your choices. As the settlor, you have the privilege to be one of the trustees, if you have decided upon a joint life insurance policy, you and your spouse...more
One of the most important questions that gets asked when helping people with life insurance is how much life insurance do I really need?There are many variable to this topic and there is no one best method or formula. There are however a number of constants that most financial professions will look at. What I would like to do here is provide a guideline that will help you prepare for a meeting with an insurance agent or financial advisor. I will write a second part to this article that will show you a method to use this collected data to compute for yourself how much life insurance you might need. In a nutshell the goal is to step back and envision the chain of events that will unfold after the death of a family member. Some people can begin the planning by having a firm idea of their goals and objectives. Many others, however, simply have a feeling that there is something needed. You can start your personal analysis by asking yourself:What is your most important goal for your family?What is your most important financial goal for your family?Where are you today on a time line to meet these goals.Here are some starting points to help you collect the information that you will need....more
Alkalife Drops and Alkaline Water The foods and drinks consumed in the modern world today is highly acidic. A body high in acid wastes is called acidosis. Acidosis suffocates our healthy cells, causing oxygen to be depleted. And as the oxygen in our body is depleted, those healthy cells decay and become perfect places for disease to...more
Insurance is one of those things that you get because you have to usually. It just seems imprudent to live without them. It is important to realize though that they are likely your families greatest source of protection. A lot of folks have been questioning the importance of keeping the coverage they have because financially times have been really...more
Protect Your Loved Ones With Life Insurance Cover Let's face it, stuff happens and life insurance cover is possibly the single most important step you can take to protect your loved ones if you suddenly meet an untimely demise. Not being prepared for a falling tree is a fate worse than death as the turmoil left behind an expected death can be soul destroying as well as financially draining.The worst happens when you least expect it and with earthquakes, tsunamis and floods ever-present; getting life insurance cover has never made more sense. George Orwell's Animal Farm even seems to be coming to life as pigs and chickens join forces to produce their own deadly versions of flu that are seemingly taking over the planet and with the whole world battling with nature and manmade poisons; untimely demises are scarily commonplace.It's no secret we don't like talking about death but as ironic as it may sound, death is a fact of life. Obtaining a life insurance policy allows you to prepare for the unexpected and when you think about the world around us; death could strike at any given moment. A car accident, a natural disaster, a heart attack and even walking into a lift could see...more
Your need for life insurance changes as your life changes. When you're young, you typically have less need for life insurance, but that changes as you take on more responsibility and your family grows. Then, as your responsibilities once again begin...more
Tips for best life insurance rate Tips for best life insurance rate are not easy to find, especially from people that understand the business and are willing to share their knowledge. As a life insurance is made by your "shape" as customer so...more
Long Term Disability Care Insurance There has been a great deal of progress in medical science and rehabilitation techniques that people today have more chances of living longer lives. Long before this improvements have been realized, more...more
Can You Get Life Insurance When Your High Risk? In years past, many people were turned down for life insurance policies because they were deemed to be a high risk. Companies often demanded that applicants pass a physical exam that was done by...more
The Purpose of Long-Term Care Insurance As people begin to live longer, long-term care insurance becomes more important. Long-term care insurance helps provide for the cost of long-term care which can be incredibly expensive. It is used to...more
Life Insurance: A Source Of Hope For Cancer Survivors So you've survived an ordeal that changed your life forever. You beat cancer at its own game only to find out that not only will you have to deal with an uncertain future, you will also...more