Monday, December 22, 2014

2 Optional Items Which You May Want Your Life Insurance to Cover

There is no way around it. If something were to happen to you, your family's future is in jeopardy. Despite how much you care and love them, the truth is, you never know when the good Lord will take you to return with him.

As such, you need to make sure your family is taken care of financially. Although we all may be a little selfish at times, this is probably the most important thing that we should be selfless on. If you really want to plan and prepare to go above and beyond for your family, here are optional items you may consider trying to cover as well:
  • percentage of children's education
  • percentage of retirement needs
One man I know had both his grandmother and his mother pass away in a relatively short period of time. Luckily, his grandmother had over prepared which turned out to be a life boat for him and his family, when his mother passed away prematurely. Sometimes it can be wise to play it safe.

Here are a few related articles:
This post was reposted from http://finlit.biz/life-insurance/2-optional-items-which-you-may-want-your-life-insurance-to-cover/, originally written on January 27th, 2013.

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