Question

 How much term life insurance do you need?

Answer According to Money magazine, a good rule of thumb is five to seven times your annual income (ten times if you provide the only income for your family). Consider what your spouse needs to pay for if... Read More »
http://www.answerbag.com/q_view/1793349

Top Q&A For: How much term life insurance do you need

What is the difference in whole life insurance&term life insurance?

Life insurance pays a defined benefit amount when the policyholder dies. Term life insurance pays if the death occurs during the term of the policy--a predetermined number of years. Whole life insu... Read More »
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Can you switch from whole life to term life insurance?

It is possible to switch from whole life to term life insurance. Whenever you change your life insurance policy, you may increase the amount you pay. New health issues or age may influence the eval... Read More »
http://www.answerbag.com/q_view/2224911

What is whole term life insurance?

Whole term life insurance provides for the family after the insured's death. Benefits are paid out to the family to provide income replacement. But whole term life insurance also provides the insur... Read More »
http://www.answerbag.com/q_view/1867180

Term Life Insurance?

Although many families hate the idea of paying money for something that only pays upon death, a term life insurance policy is the foundation to a family's financial plan. It offers the beneficiary ... Read More »
http://www.ehow.com/facts_6829218_term-life-insurance.html


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