Why Life Insurance On Children Makes Perfect Sense | We Discuss Why You Should You Buy Life Insurance For Your Child

Updated: April 12, 2024 at 9:39 am

buy life insurance for your childWe receive this question a lot from parents. Scour the internet for “life insurance on children” and you will read some scathing reasons from financial “experts” why purchasing life insurance on the life of children is a waste of money.

Some of the reasons they state we agree with. Yes, we do! (We get into that later.)

However, these experts are missing an important component of life insurance that makes coverage on children beneficial.

In this article, we discuss the benefits and when to buy life insurance on your children. We also discuss when you should not buy life insurance on your child, too.

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5 Devastating Life Insurance Mistakes People Make | And How To Avoid Them

Updated: April 12, 2024 at 9:39 am

devastating life insurance mistakesSelecting the right life insurance policy is no laughing matter. We all need the proper coverage. (Yes, even you single person unless you already have funding for your funeral lined up. I bet you don’t, though.) Yet, when we review policies from non-clients (people looking for our help), many of them have made some devastating life insurance mistakes.

These mistakes aren’t in the basic realm of life insurance mistakes such as the “I don’t have enough death benefit coverage” mistake. (Purchasing an additional policy fixes this mistake.) These mistakes are serious, made for one reason or another. The mistakes we are going to discuss are devastating life insurance mistakes that you generally can’t recover from.

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Life Insurance For People Without A Social Security Number | We Discuss The Steps And Options

Updated: April 12, 2024 at 9:39 am

 

You understand that you need life insurance. However, you don’t have a socialintro slide for people without social security number get life insurance security number. Maybe you’ve applied elsewhere, and the carrier declines your application because you don’t have a social security number. You are concerned about your family and loved ones if something were to happen to you. You know you need life insurance. However, you need the right documentation.  Is that holding you back? Luckily, we have options. In this article, we discuss life insurance for people without a social security number.

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The First Question To Ask A Life Insurance Agent

Updated: April 12, 2024 at 9:39 am

question to ask a life insurance agentIf you have researched life insurance needs and coverage, you know selecting the right kind for you can be complex. Life insurance can be confusing. You probably have 1,000 questions. However, in our experience, there is one question that is most important than any of the others. If you are starting the life insurance search, you need to ask this first question to a life insurance agent. You can even ask this question to your current agent if you still have questions or concerns. In this article, we discuss the first question to ask a life insurance agent.

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How To Purchase Term Life Insurance On Your Own, Without An Agent | DIY Term Life Insurance The Right Way

Updated: April 12, 2024 at 9:39 am

DIY term life insuranceWe know the feeling…you need life insurance, but the thought of going through an insurance agent is worse than getting a tooth pulled. Or, it is worse than a migraine. (Hey, that is what one person told us!) We at My Family Life Insurance understand. You can purchase term life insurance on your own. Even in your bunny slippers while drinking coffee. We call it DIY term life insurance.

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