Best sellers from


::: Free Insurance Life Articles :::



Don't Buy Term Life Insurance

by Donald Lusan

Don't buy term life insurance if you have a lot of money. You simply should not buy any life insurance at all.

Let Us Look At The Young Married Couple

You have married the partner of your dreams and have decided to get married. You have no children yet. You both work. You save every dollar you can save for the baby you plan on having in the future. You should not buy term life insurance because you are positive you wont die before you see your dreams fulfilled.

You are planning to buy a house so that the family can enjoy it. The children, which you plan to have, will be able to run around their own house. You will be able to toss a baseball at your son's glove in your own backyard. You have all the money to buy this house, so you will need no mortgage. So you have no need to buy any term life insurance.

You are in good health now and you know that 20 years from now you will be there to pay those college expenses. You are going to be there to see your daughter walk up on that podium. May be she will be valedictorian. So don't buy that extra $150,000 of life insurance that will help pay for her college costs.

Possibly you will have no children. As a couple, you enjoy a truly loving and happy relationship. You know you won't develop a life threatening illness that may put you six feet under within the next year, so you shouldn't buy any life insurance at all.

Single Mother With 2 Children To Support

Your husband died, he made some provision for the family, you have readjusted well. You still have a small mortgage on the house, your first born will soon be ready for college, the second will follow in a couple of years. You are quite proud of the job you did with them. Don't buy that extra $250,000 of term life insurance that would guarantee that both children will finish college. Would you want the balance of the mortgage to be paid off if you should suddenly die.

May be, you have been fortunate with your investments and you have a couple million dollars that will be theirs. Estate taxes have not been repealed as yet. So don't buy sufficient term life insurance that would cover your estate taxes. Let the children pay it. Leave them penniless.

Mr. Businessman

You and your partners have big plans. You feel pretty certain that these plans will be successfully come to fruition. After all you have all the best talent in your type of business. Each partner specializes in a certain area. The future looks great.

You shouldn't buy that term life insurance on each partner that would help the company adjust in case of a partners death. You should not buy that life insurance policy that you could use to buy out the deceased partners shares from his heirs. Remember that "buy sell" agreement, may be you have enough funds in the company to fund it. If you do have enough funds I would say do not buy term life insurance or any life insurance at all.

All the smart people that I know of ignore the above advice, and go right ahead and buy the life insurance they need.

About the author:

For more than 40 years Donald has been known for his extensive knowledge of the life insurance business. He has represented some of the largest and best life insurance companies in the United States as well as Canada. His advice is invaluable.

Donald's website is: http://www.lifeinsurancehub.net



::: Free Insurance Life Featured Resources :::

SEARCH RESULTS

Insurance Leads Generation.
Generate quality new leads at a fraction of the cost of offline marketing.

Safety Employment.
Jobs in occupational safety, insurance loss control, health/environmental, etc.

You Aren't Supposed To Know.
A Book of Secrets - Insider info on everything from increasing your Iq to saving on insurance to treasure hunting secrets.

Annuities: The Shocking Secrets Revealed.
Discover the Shocking Secrets that Banks and Insurance Companies Don't Want You to Know. Affiliates Earn 50% of New $97 Upgrade.


::: Free Insurance Life Information :::


::: Free Insurance Life News :::

Pleasant Hill may end free health insurance for elected officials
3 Feb 2012 at 6:13pm
PLEASANT HILL -- A proposal the City Council will consider Monday would end free health insurance for elected officials but continue a $400 monthly payment for those who decline coverage.

Canadian and U.S. Insurance Industries to join forces to promote improved glo...
6 Feb 2012 at 2:13pm
OTTAWA , Feb. 6, 2012 /CNW/ - The Canadian Life and Health Insurance Association (CLHIA) and the American Council of Life Insurers (ACLI) announced today a joint effort to promote trade liberalization...

Online Insurance Marketplace Announces an Increase in Searches for Keyword, &...
5 Feb 2012 at 1:05am
Online Insurance Marketplace (OnlineInsuranceMarketPlace.com) Announces an Increase in Searches for Keyword, "How Much is Life Insurance"Los Angeles, CA (PRWEB) February 05, 2012 Online Insu...

Final Program Announced for Life Insurance Settlement Association's Insti...
3 Feb 2012 at 6:37am
ORLANDO, FL-- - LISA has announced the final program and speakers for its second annual Institutional Investor Life Settlement Conference. "This program will address the issues, opportunities and...

Online Insurance Marketplace Announces an Increase in Searches for Keyword, &...
2 Feb 2012 at 3:02pm
Online Insurance Marketplace (OnlineInsuranceMarketPlace.com) Announces an Increase in Searches for Keyword, "Insurance Life Insurance"Los Angeles, CA (PRWEB) February 02, 2012 Online Insura...

Life insurance: Is term life always enough?
27 Jan 2012 at 10:12am
Most families are better off buying cheap, straightforward term insurance, but there are situations where universal or whole life policies make sense.

New Life Agency Rolls Out Assisted Reproduction Insurance Program
26 Jan 2012 at 10:22am
RANCHO MIRAGE, Calif. -- New Life Agency has announced a new Assisted Reproduction Insurance Program(R) (ARI). The Program will be spearheaded by infertility nurse, Ellen Argall, RN.New Life Agency, t...

Efinancial is Proud to Accept Two Prominent Life Insurance Industry Awards
31 Jan 2012 at 1:27am
Efinancial kicks off 2012 with award recognition from life insurance carriers ING and Transamerica(PRWEB) January 31, 2012 As a nationwide-leading life insurance brokerage, Efinancial is awarded 2nd L...


::: Free Insurance Life Blogs :::



New Search Results, from Technorati and Ingboo
by webmaster@technorati.com
4 Mar 2010 at 4:00pm

Technorati and Ingboo have partnered together to provide an all new kind of subscription experience for Technorati content, including search results. Look for a blue Ingboo icon for a full range of su...




Google