If you think you have a need for life insurance, you probably do need coverage.

Many people consider buying a life insurance policy when they get married or purchase their first home.

Others wait until they have their first child, or have someone who relies on their income for financial support.

However, there are many life milestones that may indicate a need for life insurance protection.

Learn more about when to buy life insurance protection.

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When it comes to buying life insurance, there are many reasons people choose to get insured.

Depending on the situation and where you are in life, you may have a need for life insurance protection.

Some of the more common reasons people buy life insurance include:

1. Getting Married
   
2. Buying a Home
   
3. Starting a Family
   
4. To Pay for Final Expenses
   
5. To Replace Income
   

There are many different reasons to buy life insurance, but if you have anyone who relies on you for any means of financial support, you may want to...

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If you're considering the purchase of term life insurance, then deciding how long you need your term policy to last is one of the most important questions to consider before selecting a policy.

Make sure you figure out your longest financial obligation you want to protect with your life insurance, and then choose a policy duration (term) that helps you accomplish that goal.

Learn more about how long your term life insurance should last.

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Whether or not life insurance is right for you will depend on your specific situation.

If you are married, engaged, have a child, own a home, or have anyone who relies on you for financial support, you may need life insurance to help replace your income for the ones you leave behind who rely on you.

Many people wait until a major life event to get life insurance - death of a family member, wedding, birth of a child, or buying a new home.

However, if you are planning for your future, now may be t...

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If you're considering life insurance you may be wondering what are some common reasons people purchase a life insurance plan?

Actually, life insurance can do more than you might expect.

Many people buy life insurance to provide funds for their final expenses, or to replace their income for their family.

In addition, life insurance death benefits can help to pay off the mortgage, pay for your child's college education, pay off debt, provide for your family's living expenses, fund your wife's reti...

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If you have been turned down for life insurance, or you are having a difficult time finding life insurance, you may be wondering in guaranteed issue plans are right fir you.

Many people look to guaranteed life insurance coverage as a last resort if they are uninsurable - unable to get insured.

There are many reasons why you may be considering guaranteed issue plans as an option for your life insurance.

Some of the more common reasons for buying guaranteed life policies include obesity, COPD, emp...

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I need life insurance but I'm not really sure which type to buy.

When choosing the right type of life insurance you'll want to consider your budget, how much insurance you need and for what period of time.

However, the most important question may be How long do I need life insurance protection to accomplish my goals?

Sine term insurance is temporary, if you need life insurance for a duration of 30 years or less, term life insurance will provide you with the most affordable option.

If you need lif...
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Do I need life insurance coverage for my spouse?

It depends. Does your spouse work, earn an income and contribute to paying for the living expenses for your family?

Even if your spouse doesn't earn income, he or she may handle a lot of the work around the house taking care of the kids, running errands, grocery shopping, cleaning your home, making the meals, and everything else that gets done so your family can live a nice life.

Now imagine how much it would cost to hire someone to do all of the ...
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How do you decide what duration (term) to buy for your term life insurance policy?

Actually, it's easier than you think. 

Just ask yourself this question - How long do I need life insurance to accomplish my life insurance goals?

So, if you want to make sure your new one is paid off in case you pass away before the 30 year mortgage is paid off, then choose a 30 year term for your term life policy.

If you want to make sure your 3 year old has enough money to go to college in case you pass away, the...
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The right time to buy life insurance is the you are young and healthy to lock-in a low rate and guarantee your coverage for the future when you have more financial responsibilities.

However, if you have anyone who relies on you for financial support, now may be the time to buy life insurance protection.

Usually, when you have a mortgage, a spouse and/or kids, you may need life insurance.

Life insurance can help you replace your income for your family, in case you pass away.

Your beneficiaries c...
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If you're considering the purchase of a life insurance policy, it may be because you actually need protection.

Many of us think about life insurance when a major life event occurs; such as, a family member passing away, buying a new home, getting married, getting a promotion at work, or having a child, etc.

If you have anyone who relies on you for financial support, you may need life insurance to guarantee their financial security in case you die.

Life insurance can be used by your beneficiaries...
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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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The amount of life insurance that a married couple should own will depend on several factors.

Your individual incomes, your total amount of debt, whether you have children and how many, the things you want to use your life insurance to accomplish, and your budget will all enter in your calculations on how much life insurance to purchase.

You should a life insurance needs calculator to help you determine your actual life insurance needs, and then help you find the best pricin...

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I want to buy a life insurance policy but I'm not sure how much life insurance I need.

How do decide how much life insurance is right for me? What should I consider making coming up with the amount of life insurance to buy?

It all depends on several factors including your age, your goals, your debt, your assets, if you're married or not, your financial responsibilities, and your future plans for a family and life changes.

Many people choose to buy life insurance to help provide financial securit...
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The one thing that life insurance does better than anything else is create cash at death. Upon the death of the insured person, a death benefit is paid out to the beneficiary of the life insurance policy without being subject to federal income taxes, usually.

You buy life insurance because you care about what happens to those you leave behind when you die, in order to provide some form of financial security and protection for your family.

The specific reason for your buying...

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If you are just looking for a burial type life insurance policy which you would like to give to your child as a gift when they are an adult, perhaps when they have a family of their own, you might just start off with a $30,000 life insurance plan.

Underwriting is usually minimal in most cases on life insurance policies for children, meaning there is no health exam and few health questions. You can even get a quote and apply online for your child's life insurance plan in about...

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The length of time for which you should buy a Term Life Insurance policy should be in line with the amount of time your need for life insurance exists.

For instance, if you have a new baby and want to provide for your child if something should happen to you, I would consider a 25 or 30 year Term, to get them through college, and also to cover other children you may have in the future.

If you have just gotten a 30 year mortgage loan on your home, a 30 year Term may be good for...

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There are several questions you may want to ask when purchasing your life insurance policy.

It's important to get the right amount of life insurance, choose a financially secure life insurer, and get affordable coverage with rates that are guaranteed to remain level.

1. Does the life insurance policy cover *death by any reason? In other words, don't be fooled into buying Accidental Death Life Insurance  when you think you are buying Life insurance which covers all types of deat...

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If you are considering the purchase of life insurance there's a good chance you need coverage.

There are many reasons people decide to buy a life insurance policy, usually because they have others who ely on them for some form of financial support.

For instance, some of the most common reasons people buy life insurance include the following:

1. Starting a new family.

2. Buying a new home.

3. Getting married.

4. To leave money to a charity.

5. To provide for estate taxes.

6. A new job promotion.

7. To ...
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