How Much Whole Life Insurance Should I Get?

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    David RacichPRO
    Fountain Hills, Arizona
    Participating whole life insurance purchased for death benefit coverage may or may not be the best guaranteed option for permanent coverage, but that being said you should cover your financial liabilities, future obligations, your income and any charitable intent. Its price is based on medical information, behavioral activities and financial suitability. Medical information includes gender, age, smoking status, health history, current medical condition. Behavioral activities include motor vehicle violations, dangerous recreation and hazardous vocation. Financial suitability is also a critical component in the amount of coverage you can secure. You can only purchase what if financially justifiable.
     
    Answered on July 16, 2013
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