Posts Tagged ‘income replacement’

What Is Life Insurance – Part 1: Personal Uses of Term Life Insurance

What is life insurance? Term Life Insurance is an income replacement and disaster management tool. If your family depends on your income, then you need to manage the risk of losing that income. One strategy for managing the risk is ignore it, whistle a happy tune and look the other way. Alternatively, you can try […]

Term Life Insurance Saves the Day

You ask anyone on the street whether you should have life insurance and they will almost always say yes. Why? Because everyone is going to die at some point. But is mortality enough of a reason to buy? No. If you are 22 years old with no family or dependents you don’t necessarily need a […]