Buy Life Insurance: When Getting A Divorce
We get married hoping to share our lives with the one we love. But today more than 50% of marriages end in divorce. And with children, you need to look at your financial situation and plan for the financial security of your loved ones.
You should review the life insurance policies you have with your employer and those you have on your own. Make sure you change the beneficiaries and that the amount of life insurance coverage you have meets your needs now and for the foreseeable future.
Planning your life insurance can protect your children, parents and siblings from any financial burden you may leave behind upon your passing. You want to provide adequate life insurance to pay off your financial obligations including mortgage, loans, credit cards, car, and provide for the future of your children, such as, costs related to going to college and healthcare.
A term insurance policy can provide quality protection at affordable rates that fit your budget. Careful planning will give you the peace of mind knowing you are providing for your loved ones, when they need you most.
Term life insurance provides you with the most life insurance coverage at the lowest cost, for a period of 30 years or less. You choose a term of 10, 15, 20 or 30 years of life insurance protection, and you can compare instant term life rates online with no obligation.
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