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The Truth About Life Insurance and

Why You DON'T Need 'ONE'



"It takes time to build a life. And it takes time to develop and grow. So give yourself, and your family the time they deserve and the time they require." - A Wise Man

I think there are misconceptions about what Life Insurance really is.

As September is “Life Insurance Awareness Month” here is the truth about life insurance.

Life insurance is a financial instrument that:

  1. Allow you to make risk free investments by guarantying your Principle.
  2. Let you make money on your money while diversifying yourinvestment choices
  3. Give you a guaranteed return on your investment.
  4. Provide you with an immediate inheritance for your family
  5. Allow you to continue to provide for your loved ones even after you die.
  6. Allow you to create future income with minimal monthly contributions.
  7. Guarantees repayment of loans.
  8. Allows penalty free withdrawal of cash.
  9. Provides you with low interest loans.  
  1. What’s the face amount of your policy?
  2. Is it $100,000.00?
  3. Have you ever wonder why you bought that specific amount?
  4. How did you arrive at this number?
 
Most insurance professionals recommend that you get insurance coverage equal to six to ten times your annual income. While this rule of thumb may be helpful, it does not take into consideration your personal situation and most times results in persons just having one –a life insurance policy. But a policy that leaves them and their family under insured!

To avoid this situation, we have developed a tool that allows you to remove the guesswork in determining your Life insurance needs. With our Life Insurance Estimator you’ll be able to find out whether your present life insurance policy is the right one for you. If you don’t have
life insurance, then you can use it to discover how much coverage you will need to protect yourself and your family’s dream and future.    

"Nothing is more powerful for your future than being a gatherer of good ideas and information. That's called doing your homework. Do as much research as you can because nothing beats being prepared." - Glenn

Copyright © 2001 - 2009 - Glenn S. Ferguson


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