Life Insurance Tip 34

Life Insurance Tip 34

In a two-parent household, both parents should have life insurance coverage, even if one of them does not work. If one spouse dies the money from the life insurance policy can help the surviving spouse pay for child care and education expenses.
How Much Life Insurance Should I Have?

How Much Life Insurance Should I Have?

Art and science are part of answering this question for yourself. One method is to ask yourself “What do I WANT to happen if I die right now?” Things that could come to mind include: Pay off the mortgage Provide “X” years of my income to my spouse Pay for college...