Casual Articles - Personal Life Insurance - The Evolution Of Your Portfolio

You feel you have no need for life insurance but you decide to listen to what he has to say anyway. You have a small group policy on your job that is sufficient to put you six feet under and get rid of you. After a little small talk the life insurance agent begins to ask some questions.

• Are you married?

• Do you intend to get married sometime in the future?

• How do you feel about single people having life insurance?

• what about children - do you plan on having children in the future?

• Do you plan on going into business in the future?

The life insurance agent goes through between 30 and 40 questions. Some seem to hit home but mainly for some time in your future...not now.

The life insurance agent then explains that you have sufficient life insurance for now. your group policy will be sufficient to bury you and pay off whatever outstanding debts you now have. Based on the answers you give him this life insurance agent knows that you will need much life insurance in the future.

• Marriage

  In another 5 years or so you plan to be married. It would certainly be your responsibility to guarantee that your wife can maintain the same standard of living she enjoys at the time of your marriage even if you died shortly thereafter. It really doesn't matter if she works...you will need some life insurance for that.

  The big problem is that the younger you are the cheaper it is so it may be wise to buy it now. Additionally, if you should develop some illness in the future you may not be able to qualify for your policy. If you have it from now they cannot take it away from you. You agree to buy $1,000,000 of term life insurance to start.

• Home - Mortgage

  Five years down the line, exactly as you planned it, you get married. You had met your wife in college. She also has a job that pays well. You are now age 35 and so is your wife. You both agree that it would be a good thing not to wait too long before having a child. You both agree to buy a house first. As you had quite a bit of money saved you start house hunting. You wife also had some savings so you both put down a substantial down payment and you own your house...

  After buying your furniture something occurs to you. What would happen if you died tomorrow? Would your wife's earnings be sufficient to make the mortgage payments? You decide to buy a decreasing term policy sufficient to pay off the amount owed in the event of your death.

• Children

  You wife get's pregnant. You are shortly going to have an addition to the family. Not to worry; if anything happened to you that original $1,000,000 life insurance policy will take care of them. Special attention should be paid to the rising cost of living, however. What a dollar can buy today it certainly cannot buy a few years down the line. In your case you increase your life insurance a little when the baby is born.

• Credit Counseling: Could it Work for Me?
  In the face of financial hardship, many seeking a responsible solution turn to credit counseling. Credit counseling is, all too often, the last stop before bankruptcy. That is, of course, not to say that credit counseling prevents bankruptcy altogether. There are more cases than one might think that end up in bankruptcy court after credit counseling has failed to remedy the financial woes of the debtor.It is doubtful that the failure of credit counseling for some consumers can be blamed on the credit counseling company. Sur
  k the life insurance agent begins to ask some questions.
  • Are you married?

  • Do you intend to get married sometime in the future?

  • How do you feel about single people having life insurance?

  • what about children - do you plan on having children in the future?

  • Do you plan on going into business in the future?
  You can't see the relevance of the questions as they do not apply to your present situation but you answer them anyway.

  The life insurance agent goes through between 30 and 40 questions. Some seem to hit home but mainly for some time in your future...not now.

  The life insurance agent then explains that you have sufficient life insurance for now. your group policy will be sufficient to bury you and pay off whatever outstanding debts you now have. Based on the answers you give him this life insurance agent knows that you will need much life insurance in the future.

  • Marriage

    In another 5 years or so you plan to be married. It would certainly be your responsibility to guarantee that your wife can maintain the same standard of living she enjoys at the time of your marriage even if you died shortly thereafter. It really doesn't matter if she works...you will need some life insurance for that.

    The big problem is that the younger you are the cheaper it is so it may be wise to buy it now. Additionally, if you should develop some illness in the future you may not be able to qualify for your policy. If you have it from now they cannot take it away from you. You agree to buy $1,000,000 of term life insurance to start.

  • Home - Mortgage

    Five years down the line, exactly as you planned it, you get married. You had met your wife in college. She also has a job that pays well. You are now age 35 and so is your wife. You both agree that it would be a good thing not to wait too long before having a child. You both agree to buy a house first. As you had quite a bit of money saved you start house hunting. You wife also had some savings so you both put down a substantial down payment and you own your house...

    After buying your furniture something occurs to you. What would happen if you died tomorrow? Would your wife's earnings be sufficient to make the mortgage payments? You decide to buy a decreasing term policy sufficient to pay off the amount owed in the event of your death.

  • Children

    You wife get's pregnant. You are shortly going to have an addition to the family. Not to worry; if anything happened to you that original $1,000,000 life insurance policy will take care of them. Special attention should be paid to the rising cost of living, however. What a dollar can buy today it certainly cannot buy a few years down the line. In your case you increase your life insurance a little when the baby is born.

  • The Role of a Medical Assistant in a Modern Medical Practice
    Many physicians are unsure of what tasks are appropriate to assign to a Medical Assistant. It is important to remember Medical Assistants are not licensed to make independent medical assessments or give advice. Although many Medical Assistants may have advanced training in certain clinical areas it is ultimately the responsibility of the supervising physician or other licensed health care provider to assure that their staff and Medical Assistants working in the office are performing duties in compliance with all governing laws.your group policy will be sufficient to bury you and pay off whatever outstanding debts you now have. Based on the answers you give him this life insurance agent knows that you will need much life insurance in the future.
    • Marriage

      In another 5 years or so you plan to be married. It would certainly be your responsibility to guarantee that your wife can maintain the same standard of living she enjoys at the time of your marriage even if you died shortly thereafter. It really doesn't matter if she works...you will need some life insurance for that.

      The big problem is that the younger you are the cheaper it is so it may be wise to buy it now. Additionally, if you should develop some illness in the future you may not be able to qualify for your policy. If you have it from now they cannot take it away from you. You agree to buy $1,000,000 of term life insurance to start.

    • Home - Mortgage

      Five years down the line, exactly as you planned it, you get married. You had met your wife in college. She also has a job that pays well. You are now age 35 and so is your wife. You both agree that it would be a good thing not to wait too long before having a child. You both agree to buy a house first. As you had quite a bit of money saved you start house hunting. You wife also had some savings so you both put down a substantial down payment and you own your house...

      After buying your furniture something occurs to you. What would happen if you died tomorrow? Would your wife's earnings be sufficient to make the mortgage payments? You decide to buy a decreasing term policy sufficient to pay off the amount owed in the event of your death.

    • Children

      You wife get's pregnant. You are shortly going to have an addition to the family. Not to worry; if anything happened to you that original $1,000,000 life insurance policy will take care of them. Special attention should be paid to the rising cost of living, however. What a dollar can buy today it certainly cannot buy a few years down the line. In your case you increase your life insurance a little when the baby is born.

    • SEO: Best Practices
      A few nights ago I was asked by a regular in a bar I frequent: 'what is this pub doing with a website? Somewhat bemused, I replied that it receives substantial hits to its website and that it is listed on all the Bangkok portals. More importantly, they have consistently remained at #1 on Google, Yahoo!, MSN and the other major search engines for well over a year. Visitors the site, although not verifiable, must convert into a lot of money.' He looked slightly bemused, shrugged his shoulders and muttered something about not knowing mucss in the future you may not be able to qualify for your policy. If you have it from now they cannot take it away from you. You agree to buy $1,000,000 of term life insurance to start.

    • Home - Mortgage

      Five years down the line, exactly as you planned it, you get married. You had met your wife in college. She also has a job that pays well. You are now age 35 and so is your wife. You both agree that it would be a good thing not to wait too long before having a child. You both agree to buy a house first. As you had quite a bit of money saved you start house hunting. You wife also had some savings so you both put down a substantial down payment and you own your house...

      After buying your furniture something occurs to you. What would happen if you died tomorrow? Would your wife's earnings be sufficient to make the mortgage payments? You decide to buy a decreasing term policy sufficient to pay off the amount owed in the event of your death.

    • Children

      You wife get's pregnant. You are shortly going to have an addition to the family. Not to worry; if anything happened to you that original $1,000,000 life insurance policy will take care of them. Special attention should be paid to the rising cost of living, however. What a dollar can buy today it certainly cannot buy a few years down the line. In your case you increase your life insurance a little when the baby is born.

    • Why Franchise?
      A lot of businessmen who has managed to make their business a stable and profitable one reaches that point where in they ask themselves, what next? Ever looking forward and anticipating change, a stable and profitable business enterprise does not represent the end of the road to these kinds of people. So how exactly do you bring your business to that next level? How to you compete with businesses that are more stable, have a lot longer track record, are more profitable, and a lot bigger than yours?To do this you will definitrniture something occurs to you. What would happen if you died tomorrow? Would your wife's earnings be sufficient to make the mortgage payments? You decide to buy a decreasing term policy sufficient to pay off the amount owed in the event of your death.

    • Children

      You wife get's pregnant. You are shortly going to have an addition to the family. Not to worry; if anything happened to you that original $1,000,000 life insurance policy will take care of them. Special attention should be paid to the rising cost of living, however. What a dollar can buy today it certainly cannot buy a few years down the line. In your case you increase your life insurance a little when the baby is born.

    • 25 Years Down The Line

      You had one other child and they have done well. They graduated from college and are looking forward to a happy and prosperous future. Do You still need the life insurance you bought over the years? It is very likely you do. You still want to provide that income for the one you love...even though your investments have done very well and you are pretty well off. If your estate is a large one the Federal Government will have to be paid what is known as Estate Taxes. The Federal Estate Tax Law has been repealed but that does not mean you have no Tax to pay.

    For additional information on Estate Taxes go to:

    http://www.lifeinsurancehub.net/estate-taxes.html

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