I have life insurance through my employer. Is that enough?

It depends on how much life insurance you have through work, and how much life insurance you need.

You can use a life insurance needs calculator to quickly and easily determine how much total life insurance coverage you really need.

Usually, a life insurance plan through your employer will provide 1 times your annual income in coverage. So, if you earn $50,000 a year, you may have $50,000 of coverage. But this may vary b...

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Funeral insurance and life insurance are different in a few ways.

Life insurance may offer up to $1,000,000 of protection or more depending on your age and health.

Whereas, funeral insurance usually offers up to $25,000 of coverage.

Life insurance may or may not require you to take a health exam, depending on your age and the amount of coverage you need.

Whereas, a funeral insurance policy may provide coverage with no health exam and no health questions asked.

Life insurance may decline to offer y...
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The need for term life coverage applies equally to income-earning spouses, and there are strong arguments for acquiring life insurance for a partner or spouse who is not drawing an income, as well.

For instance, losing a stay-at-home spouse can lead to dramatically increased child-care costs, time away from work for the surviving spouse, final expenses, the settling of outstanding debts, and these are just a few of the financial aspects of such a serious loss as the death of ...

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I want to get a life insurance policy but I don't want to take any physical exams.

How much coverage can you buy without taking an exam?

Actually, it may be a lot more than you might expect. Since you can own more than one life insurance policy, and there are several insurers that offer no exam life insurance, you may be able to purchase more than $750,000 of life insurance without taking an exam.

However, most no exam life insurance plans charge a higher rate than you might get with a fully und...
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Why do parents buy life insurance for their children?

Child life insurance plans offer several benefits that make it important for parents to consider life insurance for their kids.

Here are some of the main benefits of child life insurance plans:

1. Provides money tom pay for your child's funeral and burial costs which may average around $7,700 including the cost of a casket, burial plot, headstone and memorial service.

2. Provides low cost life insurance protection for your child's entire lifet...
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If you are shopping for life insurance and you're considering the purchase of a term life policy, you may want to learn about the advantages of term life insurance over other types of life insurance plans.

Term life offers several important advantages when it comes to life insurance protection for your family.

Term life is the most affordable life insurance available, offering the lowest prices for up to 30 years of protection.

Term life is flexible, allowing you to choose life insurance for a "...
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