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In order to protect your dependents when the unexpected happens, it is important that you determine how much life insurance you need to ensure that your family will continue living comfortably. Don't unnecessarily add the stress of financial worry to their plates because of bad planning.
Life insurance is important and if you are confused about exactly how much you need, you are not alone!
A Financial Advisor can help you determine your life insurance “number” so that you know your loved ones will be taken care of after you die.
If you are unsure about how much life insurance you need or which type of life insurance is best for you, we recommend consulting with a caring and trustworthy Financial Professional.
Main points mentioned in the video:
0:35 – Finding your life insurance "number"
1:43 – The type of life insurance policy you should get
1:56 – Term Life Insurance is best for younger clients and new families
2:27 – Universal Life Insurance is replacing Whole Life Insurance
4:03 – Reviewing life insurance policies
5:00 – Are you covered with your Corporate Life Insurance
5:44 – You should have life insurance outside of what your job provides
Have questions about this video? Email us at [email protected] – we’d love to assist you!
Nelson Elder Care Law, LLC is not affiliated with Avantax Wealth ManagementSM