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Article: It's your money: life insurance a basic part of good financial plan.(Round the Reserve: A brief look at what's happening throughout Air Force Reserve Command)
- Article from:
- Citizen Airman
- Article date:
- April 1, 2006
- Author:
CopyrightCOPYRIGHT 2006 Air Force Reserves. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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When it comes to financial products, life insurance is certainly one of the most confusing, complicated, improperly sold and under-purchased monsters out there. It is easy to understand why.
Let's face it, when we talk about life insurance, we are dealing with death, not exactly one of the most appealing subjects to discuss. However, regardless of how you feel about the topic, the fact is life insurance is one of the most basic features of a good financial plan.
In any discussion about life insurance, there are three basic questions to consider:
Do you need any insurance? Would someone feel the financial impact of your death? If you're married, ...