Tag: Denver Life Insurance

Having Kids = Needing Life Insurance

If You Have Children, You Probably Need Life Insurance According to a recent article in The Motley Fool, an alarming 75% of millennial parents currently do not have life insurance. A study by online platform Bestow indicated the reasons given by the millennials - the need to research insurance options and insufficient time - show they're falling short when it comes to insuring their own...

How Much Life Insurance Do You Need?

How to Calculate Your Life Insurance Needs It's hard to generalize when it comes to life insurance. What one family needs may differ drastically from what another family in similar circumstances requires. How can you know if you have enough? One way to determine how much life insurance you need is to peg it to 10 times your yearly income. This method, however, doesn't provide...

Life Insurance Costs Less Than You May Think

Life Insurance Costs Less Than You May Think Many people avoid purchasing life insurance, especially later in life, because they think it will be too expensive. Not necessarily. According to a 2016 study by Limra, 30% of US households do not have life insurance, and even those households with life insurance only have enough to replace three years of income. Although it depends on your...

Simple Life Insurance Buying Tips

Insider Tips Make Buying Insurance as Easy as 1-2-3 Without a knowledge of industry terms, buying life insurance can seem complex and confusing. A little research (and some guidance from your agent) goes a long way toward finding the policy you need without a lot of hassle. When looking into life insurance, consider the following key components. 1. Determine your need for life insurance Different...

Life Insurance When You Are Older?

5 Reasons Why Retirees May Need Life Insurance If you're retired, your house is paid off, and your children are self-sufficient, is there any reason to continue carrying life insurance later in life? Perhaps not. Generally speaking, life insurance is intended to replace lost income if you die prematurely; if you're no longer working, there's no income to replace. But before you let your policy...