Calculate Your Needs
How much should you plan for?
Life insurance coverage comes down to a needs-based analysis that takes stock of everything you pay for, or would need to pay for in the future. Things to consider boil down to two main categories:
Financial Considerations such as the amount of debt that you owe, any child care/costs for dependents, college tuition, creating a financial cushion for your family and end of life expenses that you want to make sure are covered.
Personal Considerations such as your health and age and what you can afford.
Buying life insurance at a young age is certainly cost effective and a good idea as part of a sound financial plan.
When getting married, many couples review and update their coverage as they plan their lives together; and parents, of course, have better peace of mind knowing they have enough coverage for their families.
Later on, life changes again making it wise to revise your insurance plans.
It’s easy to apply for or change your life insurance. Get the coverage best suited for your needs today.
Get peace of mind knowing your family is protected financially.
Be sure you are well-covered as you begin your lives together.
Buy life insurance at a young age to save the most.