Do you have enough life insurance for tomorrow? Life Insurance planning is the foundation of a sound financial future…. unlike any other financial tool, Life Insurance provides a straightforward benefit solution to some of life’s most challenging events. What carrier is suitable for you? We can access over 60 “A” or above-rated carriers to find the carrier that will approve of you. So, how much Life Insurance do you need?? Remember that 78% of Americans think they have enough or too much Life Insurance, according to a 2011 LIMRA study.
|If you purchased this amount of insurance||$100,000||$250,000||$500,000||$1,000,000|
|And your Family spent $25,000 on final expenses||$75,000||$225,000||$475,000||$975,000|
|Your Family will have this monthly income left for ten years||$788||$2,365||$4,992||$10,247|
|This monthly income left for 20 years||$488||$1,465||$3,093||$6,349|
|This monthly income left for 30 years||$396||$1,188||$2,508||$5,147|
Assumes 5% interest on the lump sum—28% tax bracket. Sit down with your spouse and decide how each one feels would be enough to replace your income. Remember, this is not to make you feel comfortable; you’ll be gone. They will need this to pay bills, mortgage, daycare, education, etc… Want to run a term life quote right now to see what you can afford? Fill out the form to the left and get a free instant no-obligation quote.