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Posts Tagged ‘dependents’

How much life insurance do I need?

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In most cases, if you have no dependents and have enough money to pay your final expenses, you don’t need any life insurance. If you want to create an inheritance or make a charitable contribution, buy enough life insurance to achieve those goals. If you have dependents,

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Do “Empty Nesters” need life insurance?

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Quite possibly. Here are 10 reasons to own life insurance after your kids have left home: 1. To meet goals If your children are in college and/or not completely financially independent, life insurance can help “finish the job.” Although you may have saved enough for tuition, the

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How much life insurance do I need?

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In most cases, if you have no dependents and have enough money to pay your final expenses, you don’t need any life insurance. If you want to create an inheritance or make a charitable contribution, buy enough life insurance to achieve those goals. If you have dependents,

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Why should I buy life insurance?

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Many financial experts consider life insurance to be the cornerstone of sound financial planning. It can be an important tool in the following situations: 1. Replace income for dependents If people depend on your income, life insurance can replace that income for them if you die. The

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Do I need workers compensation insurance?

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Employers have a legal responsibility to their employees to make the workplace safe. However, accidents happen even when every reasonable safety measure has been taken. To protect employers from lawsuits resulting from workplace accidents and to provide medical care and compensation for lost income to employees hurt

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