Do You Have Enough Life Insurance for Tomorrow

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.