You are worth more than you think!
Most people want three things taken care of should they die prematurely.
- A home that is free and clear so their family has a place to stay and maintain the quality of life they are used to.
- College for their children so that they will have a chance for a good future.
- Income for the family. To maintain family lifestyle, if the house is taken care of and the education is provide for, the family still needs half the income.
Now that we've identified the 3 most important items to protect for your family here are some questions for you:
- What is your mortgage or if you do not have a home, what would be the cost of the kind of home you would want for your family?
- What further education do you want for your children? The average cost for a state school is 12K/year. For an Ivy League institution it can run up to 30K/year.
- What is your current combined family income?
If you make 50K and your partner makes 25K the combined total would be 75K and half of that is 37.5K.
Without your supplied income the family would be 12.5K short a year and at 6% you 20.8K in the bank invested to generate the full 12.5K
How much should you buy? As much as you can comfortably afford, coverage can always be increased to ensure your family is taken care of.
Use our Needs Estimator to calculate your coverage needs and don't hesitate to call one of our licensed representatives if you have any questions or wish to explore your options further.
Click Here for Your FREE personalized Quote!
-or call-
1.866.Term.Com
