Is Income Replacement Insurance Worth It?
- 712 POINTSview profileJohn ColeRecruiter/Manager, Cole Insurance Investments, Charlotte N.C.Yes if a family was to lose their primary income it would be a tragedy or a business owner lost a worker that is a key person or a co owner passed away and takes 50% of the knowledge you would most likely need to be insured and the spouse which most of the time might not be involved would want to be bought out where would the funds come from? If the answer is borrow it from the bank you would not qualify for the loan and it is not smart business anyway. always be properly insured the rich do so should you. See my profile and contact me for assistants.Answered on July 26, 2014flag this answer
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