How Much Insurance is Enough? What Type is right?

How Do I figure out how much insurance I need

Over the past few weeks I’ve been in the midst of a new project. This project is being created to build awareness in the life insurance realm through a website. This website will allow people to gather the information they need to figure out what amount of life insurance is right and what type (term, Universal Life, Whole Life) are best.

To figure out how much insurance you need, the process is actually a lot simpler than you would suspect. First get together with your significant other (should you have one!) and go to this website by clicking here.

Next put in your information in each screen. The last screen will spit out the amount of insurance you would need to ensure your family is protected and have them maintain the same level of living comfort even if you can’t be there with them.

This helpful website will also give you an idea about what types of insurance are best. It cascades your insurance so that you have multiple term lengths so that your insurance premiums will actually drop as you age, not the other way around as most people are setup. There will also be a small permanent policy at the end to be sure your final expenses are taken care of.

Please take the website for a spin and let me know what you think!

Travis

 

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