Thursday, July 21, 2011

New Life Insurance Blogs(The Insurance Word)

Life insurance Life insurance is an essential part of financial planning, protection of those who remained that they do not burdened with debt and financial burdens are to meet after the loss. But according to LIMRA, a third of women have no life insurance, while those who are insured to carry only enough to replace their income for three to four years (depending on their personal income), compared with the recommendations of experts from seven to 10 years.
Statistics from the 2011 Genworth Financial Study Life jackets are also of concern: 6 million households (10% of families with children under 18) have no life insurance and single parent families, more than half of mothers are not insured.
But numbers tell only part of the story. It is the influence of these numbers to spouses and children that really the importance of having adequate life insurance. Whether a parent stays at home or a career woman or a combination of twelve fifty-eight woman makes a significant contribution to his family. But all too often calculated the dollar value of the work of women in their homes, $ 34,256 per year and up to $ 44,913 for a mother of a little, after Penn Mutual Worth for the survey on women rarely considered in the selection of amount of life insurance protection.
While no money can replace the loss of a mother or a wife, a life insurance policy can help to ensure adequate child care, college education or replace the revenues that it is alive.

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