Tuesday, July 22, 2008

Who Needs Insurance?

Without a doubt, life insurance should be an important part of many people's financial plan. Having said that, don't be scared into buying insurance you don't need.



"I see time and again that life insurance is not suggested for children since no one relies on their income. I find this advice a little shocking and short-sighted since a child's funeral is not free."

"A minor child may develop physical ailments in his teens or early adulthood that could render him uninsurable."

"Young and single people die and leave debt."

"Older people, who need their money to live on, can use life insurance to help their grandkids compete in this unbalanced society."

Source

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