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A person with dependents who depend on that person's income.A good example would be a dad with small kids and a stay at home wife. == Primarily, life insurance is designed to protect your family and other members who are financially dependent on you. If you're the breadwinner of your family, then you need life insurance more than anybody else.
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Who needs life insurance most?
The person who loves his family & is responsible will need insurance
What are some of the types of life insurance offered by Genworth Life Insurance Co?
Genworth Life Insurance offers a variety of plans to meet the needs of individuals and families. Term Life and Whole Life are two of the most popular plans available to the buyer.
Is life insurance a scam?
Life insurance is not a scam. There are benefits and drawbacks to having life insurance, it simple depends on the person's needs.
What type of life insurance do you need?
It depends upon how long you wish to have the coverage for. People with short term protectiopn needs, (1-20 years) might best be served buying term insurance coverage. People who wish to be covered for life should consider either whole life or universal life coverage. The most popular type of life insurance policy is term life insurance as it suits most people's needs. Term insurance provides the maximum death protection against the most affordable premiums. You can choose term periods from 1 to 30 years. There are various options within term life insurance to choose from. However, if you have long term needs, you may prefer to opt for permanent life insurance. For more information on types of life insurance you may find this site helpful: http://www.accuquote.com/types.cfm
What is included in a typical life insurance policy?
There are several types of traditional life insurance which is a fixed interest rate, also known as a universal life insurance policy. These are generally the most common forms of life insurance available that give different rates depending on your specific needs.
What life insurance do you get for an inmate?
you can't. The person needs to be out and off probation to be able to get life insurance.
How is it if lighting McQueen gets injured does he use car insurance or life insurance?
neither,he needs car life insurance.
Need of life insurance in urban and rural areas?
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.
How do you find good term life insurance?
Good term life insurance is insurance that meets your needs at the lowest possibe cost.
Is a variable life insurance policy a good idea?
It depends on what your insurance needs are. You can use the calculator here to see if variable life insurance is right for you http://www.lifehappens.org/life-insurance/life-calculator
What is so great about Instant life insurance?
Instant life insurance refers to fast, pre approved insurance policies. This is good for someone who is on time constraints and needs life insurance.
Why is a life insurance license important?
The only reason someone needs a life insurance license or certification is to be able to sell this type of insurance.
