Insurance Advice | InsuranceAdvice.com » whole life http://insuranceadvice.com Your Source for Insurance Advice Wed, 01 Feb 2012 17:23:10 +0000 en hourly 1 http://wordpress.org/?v=3.0.4 Buying Life Insurance http://insuranceadvice.com/buying-life-insurance.html http://insuranceadvice.com/buying-life-insurance.html#comments Tue, 10 Feb 2009 15:02:02 +0000   http://insuranceadvice.com/?p=121

Having life insurance is an important element of your overall financial plan – especially for families. If you have a spouse and children who depend on your income and you don’t have extensive resources, then life insurance can be used to help pay for expenses in case you pass away. Single people without dependents typically don’t need the same amount of life insurance because they don’t have as many responsibilities that will outlive them. Life insurance is not a replacement for a long-term savings or investing strategy but an additional cushion. Depending on your financial situation, life insurance and its...

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