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Article: DOLLARS AND SENSE: Life insurance is a good safety net, but not for everyone
- Article from:
- The Sun - Naperville (IL)
- Article date:
- May 21, 2006
- Author:
CopyrightCopyright, 2006, The Naperville Sun. All rights reserved. REPRODUCTION PROHIBITED. (Hide copyright information)
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The old adage is true that life insurance is not so much about life as about death. The only time that you or your family benefit from life insurance is at your death. The trouble with life insurance is that it is often confusing to general consumers about both basic questions such as when to buy it and when to skip it or more complicated questions about how much coverage and which is the best policy for you.
The first question is when do you need life insurance? You need life insurance under the following conditions (if you don't fall into one of the categories below, you probably don't need life insurance at this time, but remember to review your situation again from time to time when ...
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