Term Life Insurance

Life insurance should address the here and now, not just the hereafter. Life insurance is a way for people to take care of a loved one after they are gone, to establish an estate, and to cover business loans or personal loans.

The need for life insurance varies from person to person. The needs and requirements are personal. People need to consider their own situation, family, life style and financial goals in purchasing life insurance.

People with young families want to protect the spouse and children in case of an untimely death. Consideration of the amount of life insurance needs to include the family needs and expenses. Can the surviving spouse pay off the mortgage if he/she chooses, pay for college, and have funds for retirement?

The type of insurance is not as important as the fact that the coverage is in place. Term life insurance, which is like renting a house, is the most cost- effective way to buy the most amount of coverage. If you do not pay the premium, the policy will lapse in 30 days. Also available are types of permanent insurance policies, which build cash value, and provide coverage to age 100+ (yes-people are living longer).

Disability income coverage provides cash to help pay expenses during a disability, and long term care insurance provides funds to help cover nursing home expenses, assisted living facilities, and at home care. The long-term care insurance helps to preserve an estate by not depleting the funds one wishes to leave to heirs.

Click Here For Assistance

You can reach Judy Gilbert at P O Box 7974 Wilmington DE 19803, Phone (800) 477-9866. Or email her at gilbertinsgrp@comcast.net.

Additional Resources: Here are some resources that will provide you with additional life insurance information:

Life Insurance Information
Term to 100 Life Insurance
Preferred Life Insurance
The Need for Life Insurance
Is life insurance a good investment?
Return of Premium Life Insurance
Life Expectancy
Should you buy the lowest term life insurance?
Life Insurance Quote Factors
Medical Information Bureau
Impaired Risk
Life Insurance Calculator
Life Insurance Choices
Second-to-Die Insurance
Life Insurance Tips for Smokers
No Exam Life Insurance
Split Dollar Life Insurance
20 Year Term Life Insurance
Life Insurance Rate
Buy Life Insurance
Should You Cancel Your Life Insurance?