Gentlemen Have You Got Life Insurance?

It is very important for us men to get life insurance and so often we don’t. When we die we can not protect our families from the emotion of loosing you but you can protect your family financially.

You will find out why a life insurance is that important and what does it means for your family reading this article .

So please before you do anything else get on and get a quote you will be surprised at how easy it is to do and how great it is to know you have got your family covered. You can get policy information and your $500,000 life insurance quotes at affordablelifeusa.com .

How Does Term Life Insurance Work? Term life insurance is quite simple—use it or lose it. In other words, you pay an annual premium (determined by the insurance company) for the “term” of the policy (usually 20 years) and if you die within those 20 years, your beneficiary will collect the specified amount indicated on the policy. For example, let’s assume you purchase a $1 million, 20-year term policy and the premium is $600/year. Assuming you are current on your premium payment, if you die within the 20-year period, your beneficiary will receive $1 million, tax-free. There are many other kinds of life insurance products but for our purposes today, we will focus on 20-year term.

Why Do You Need Life Insurance? One of the most fundamental questions you should ask yourself when contemplating life insurance is this: Will someone in my life be adversely effected (from a financial standpoint) by my untimely death? This is different from “Will someone be sad by my untimely death?” I will be sad. But I do not want to assume your financial liabilities.

On the other side patients suffering from short term terminal diseases, younger ones specially, usually contact viatical settlement broker  in order to reach their own personal goals within their remaining time instead of prolonging their suffering to only get a few months life extension inside a hospital.