Many things will change when you first enter your retirement years. You’re likely to face adjustments to your income, your expenses, your daily routine and your overall lifestyle. One important issue you’ll have to consider is whether you’ll keep your life insurance.
People traditionally purchase life insurance in order to provide financial security to their family if they die. Because the financial protection from life insurance is meant to be a replacement for lost income, some people think it might not be appropriate to continue coverage after retirement.
Here is some life insurance advice to help you decide whether you... Articles Tagged ‘life insurance advice’
Keeping Life Insurance After Retirement
Many things will change when you first enter your retirement years. You’re likely to face adjustments to your income, your expenses, your daily routine and your overall lifestyle. One important issue you’ll have to consider is whether you’ll keep your life insurance.
People traditionally purchase life insurance in order to provide financial security to their family if they die. Because the financial protection from life insurance is meant to be a replacement for lost income, some people think it might not be appropriate to continue coverage after retirement.
Here is some life insurance advice to help you decide whether you...
Wednesday, June 6th, 2012
Many things will change when you first enter your retirement years. You’re likely to face adjustments to your income, your expenses, your daily routine and your overall lifestyle. One important issue you’ll have to consider is whether you’ll keep your life insurance.
People traditionally purchase life insurance in order to provide financial security to their family if they die. Because the financial protection from life insurance is meant to be a replacement for lost income, some people think it might not be appropriate to continue coverage after retirement.
Here is some life insurance advice to help you decide whether you... Should You Keep Your Life Insurance Once You Are Retired?
Wednesday, March 28th, 2012
We usually purchase our first life insurance policies when we get married or when we start to have or adopt children. The main reason for getting life insurance, of course, is to ensure that the dependents of the insured person will have continued financial security after the insured individual passes away. But does that mean that once the insured person retires, and the kids have moved out of the house, that there’s no longer any need for life insurance?
The answer to that question isn’t quite as straightforward as you might think. Instead of assuming that life insurance is no...
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