Nothing is more heart breaking than to hear of someone passing who leaves unpaid bills and loved ones poorly provided for. And literally, here in the United States, it happens every day; 6,912 people die every day leaving bills unpaid and loved ones inadequately provided for.[i]
But it doesn’t have to be that way.
Today the cost of life insurance is lower than it ever has been because we are living longer. And so, unlike in years gone by, you can purchase life insurance today that, over time, will actually be of no cost to you!
Obviously, this is an important fact to know. But before you run out and purchase a life insurance policy, realize that NOT ALL life insurance contracts provide this guarantee. You see, not all life insurance products are the same.
Here are a few facts that will help you determine what kind of life insurance is best for you so that you; 1) Have opportunity to recover ALL the money you spend paying for your life insurance, 2) Have the ability to manage more money because you purchased your life insurance, and 3) Never have to worry if your life insurance premiums will go up in the future or that you will be forced to drop your life insurance coverage just when you need it most down the road.
Knowing these facts about life insurance is important because with a combination of separate Term Life Insurance and Participating Whole Life coverage you can enjoy the guarantees that you need to recover ALL the money you spend on the purchase of Life Insurance. You also benefit from the opportunity to manage more money because you made your life insurance purchases, and you never have to worry about your life insurance premiums going up in the future. On top of that, you can rest assured that you’ll never become the Heart Breaking News leaving unpaid bills or loved ones un-provided for when it comes time for you to move on.
[i] https://www.google.com/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-8#q=death+every+day&* https://www.google.com/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-8#q=people+with+out+life+insurance&*
[ii] On an average healthy 25-50 year- old male or female