Do You Really Need Life Insurance?

Do You Really Need Life Insurance?

One question that always Pop-up in one’s mind while purchasing any life insurance plan is that, is he really need Life insurance or not. If you are in dilemma, then there is no need to worry. You must consider buying if any of the below mentioned conditions are satisfied:

You are married and all your family members are dependent on your income.
You have aged parents who can’t get medical treatment on their own
You have children or disabled relative dependent on you.
Limited sources of income after your retirement and no pension to meet your spouse needs.
If you have to pay a large […] Read more

Different Types Of Life Insurance: Which One To Choose?

Different Types Of Life Insurance: Which One To Choose?

People have different opinions about life insurance. Some people think it as an asset, where everybody should invest, whereas, some think that it is a liability, which is only bought to safeguard the family in case there is a catastrophic event.

Term Insurance

There are two types of life insurance policies Florida that people can choose from, which are; term insurance and permanent insurance. The reason for choosing a term insurance is its affordable rate and the time period it covers, which could vary from 5 years to 30 years.

However, people live a lot longer than what this insurance type gives in […] Read more