What you need to know about life insurance
The non-profit LIFE Foundation is responsible for coordinating educational materials and campaigns to draw attention to the importance of families and business operators procuring life insurance. The LIFE Foundation goes so far as to label September “Life Insurance Awareness Month”. How is that for snazzy marketing?
In truth, life insurance is no laughing matter and a very serious topic for many. In fact, according to a recent survey by the LIFE Foundation 93% of Americans say that life insurance is something most people need, yet only 41% own an individually purchased policy.
Here is a link to a useful LIFE Foundation web page and PDF file that addresses the following important questions:
- Do you need life insurance?
- At what stages in life is life insurance important?
- How much do you need?
- What kind should you have?
- The three ways to buy life insurance.