Why do we need Insurance?
There may be scenario's where the loss that we would incur due to some event would be extensive and we would not be in a position to incur the losses. Say for e.g., the only earning member in the family meets with an accident and is incapacitated from going to work for 6 months, what would the family do for their survival? These are the cases where Insurance comes in handy. The insured person can claim an amount corresponding to his disability
losses and use the money to sustain his family until he is fit to resume his job.
Who Needs Insurance?
Anyone who has people dependent on them definitely needs Insurance. The dependent could be your wife & children, or your parents or your minor siblings etc. The purpose of having insurance is to ensure that our dependents are able to lead a decent living even if anything unfortunate
happens to us.
You do not need a will for life insurance. I don't have a will, but I have life insurance. ;)
No. For that kind of benefit you need mortgage insurance or a life insurance policy.No. For that kind of benefit you need mortgage insurance or a life insurance policy.No. For that kind of benefit you need mortgage insurance or a life insurance policy.No. For that kind of benefit you need mortgage insurance or a life insurance policy.
If you are looking to get life insurance you should consider if you have any dependents and if you don't you won't need life insurance. You could get life insurance if you are a sole owner of a company and you need to decide how much money your company will need after you die.
"Yes you can obtain life insurance from Prudential. Questions you should ask yourself include how much life insurance do I need, Do I need life insurance for my family."
my sister died and I need to no if she has life insurance
I need help
Yes. To sell variable universal life insurance you will need a Series 63 Securities License, a variable life insurance license, and a regular life insurance license.
Do you need life insurance for motorcycle rider in Texas? As a life insurance agent, I am not aware of any State law that requires you to have "life insurance" for a motorcycle rider. Is life insurance a good idea for a rider?? Oh yeah, most definitely!
no you dont need it
When getting life insurance, it's important to get the right amount of life insurance to meet your needs. One way to find out how much life insurance you need is to use a life insurance needs calculator to help you decide. These are available online and it only takes a few minutes to find out how much coverage you need. That way, you don't pay for more life insurance than you need, but your family has the protection they need.
You should consider life insurance that covers you for the amount you need. Term life insurance is one form of coverage.
The need of life insurance is based on each individual's specific situation and desire to protect their dependents. Life Foundation has needs calculators to find out your particular life insurance needs.