Life insurance is a key part of retirement planning. The right coverage not only protects your loved ones but can help to pay for retirement as well. There are MANY uses of life insurance in planning for both individuals and business owners. This post and video are dedicated solely to why an individual would buy life insurance for his family. See other posts regarding advanced financial planning for life insurance for the high net worth and business owners.
When running a life insurance quote using the link above, it’s helpful to understand your risk classification, which typically falls into one of the following categories: Preferred Plus, Preferred, Select, Standard, Rated, or Declined. While it’s ideal to consult with a licensed agent to accurately determine your risk class, starting with an estimated risk class can still provide useful insights. The quote generator includes options from about eight of the most popular term life insurance companies, and you have the opportunity to apply for coverage directly through the link. However, we have access to quotes from over 40 other life insurance companies that aren’t listed there, and we can provide additional quotes after discussing your health details.
