How Good Is Life Insurance?
21750 POINTSview profileJim WinklerCEO/Owner, Winkler Financial Group, Houston, TexasThat's a great question! The answer can be measured in peace of mind - how priceless is that? A life insurance policy ensures that your family won't have to "pass the hat" at your funeral, and have the inevitable hurts and fights that come with that. You know that you can provide money for your spouse, so that they do not have to struggle to replace your lost income. You know that you can give a tax free gift to someone that you love, and leave behind. That is how good life insurance is. If you need help finding the policy that is right for you, please do not hesitate to contact me. Thank you for asking!Answered on May 8, 2014flag this answer
10968 POINTSview profileTim WilhoitOwner, Your Friend 4 Life, Brentwood TNLife insurance is the one insurance with a guaranteed claim. People carry health and may never get sick, auto and never have a wreck, home owners and never have a fire. But life insurance we are all guaranteed to die someday. It is the only insurance product that costs pennies on the dollar. What other insurance product could a healthy person under 30 years old buy $1,000,000 of coverage for less than $1 per day? It is the best value for the young.Answered on May 9, 2014flag this answer
37376 POINTSview profileDavid G. Pipes, CLU®, RICP®Business Development Officer, T.D. McNeil Insurance Services, Fresno, CaliforniaIt is appointed unto man, once to die…. Life insurance covers inevitability, not a probability. People who buy life insurance love someone, or are required to do so by a business arrangement. Unlike other investments, it reaches its maximum benefit on the day of death. Some life insurance policies accumulate money on a tax deferred basis which might be important.Answered on May 9, 2014flag this answer
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