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Randon James Morris | What to look for in life insurance

    Randon James Morris
    • 2 views
    • 5/5 (1 votes)
    By Randon James Morris
    https://www.allperfectstories.com/author/randonjamesmorris/

    Randon James Morris">Randon James Morris : Now many people can say that Life Insurance is like gambling. You are betting that you will die in a specific time and the insurance company bets you won't. If the insurer wins, they keep the premiums, if you win...well you die and the death benefit goes to the beneficiary. This is a very morbid way of looking at it and if that is the case you can say the same for health insurance, auto insurance, and rental insurance. The truth is, you need life insurance in order to ease the burden of your death. Example 1: A married couple, both professionals that earn very well for a living have a child and like any other family has monthly expenses and 1 of the couple has a death. The odds of the spouse going back to work the next day is very slim. Odds are in fact that your ability to function in your career will lower which RISK the cause of not being able to pay expenses or having to use one's savings or investments in order to pay for these expenses NOT INCLUDING the death tax and funeral expenses.


     

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    5/5 (1 votes)
    5/5 (1 votes)