Life Insurance
Post date: Aug 6, 2010 5:59:00 PM
Do you:
Own assets like a home, a business, or a car?
Support anyone like children or a spouse?
Have debt?
Care about other people?
Most people would answer 5 All of the above. Now whether you chose 1, 2, 3, 4, or 5, you most likely have or really need life insurance. Lets face it, life is a crap shoot. It's not "if" you are going to die, it's "when." I know it sounds grim but that's life (no pun intended.)
If you own assets and something happens to you, you better hope they are of no real value or have no debt attached to them, otherwise your next of kin or whomever you want to receive your assets my not be able to assume ownership that easily when you die. That is, unless you have the proper amount of life insurance. Unless you have no one to leave anything to or just don't care, life insurance is something you need to think about every time you make an everyday decision like whether or not to buy that house or income property, whether or not to buy that expensive car, or if you should invest in your business or education.
Article can be found on yahoo pulse at Life Insurance Blog