|
|
|
|
|
|
|
|
|
|
|
As we go through life our needs change. A Young man or women with a family has very different insurance needs then the Empty Nester. Here is a guide to help you determine what type of insurance best matches your need based on the 4 Stages of life
Stage 1
While traveling the great state of Missouri one of the biggest objections I hear is why do I need life insurance. I'm young, single and healthy. That is the best time to buy life insurance. The younger you are and the healthier you are the cheaper life insurance is.
When you are still young and single you may not really need life insurance but that is the best time to buy it. A small whole life policy of 50,000 or maybe 100,000 is really is good investment for a young person. As long as you keep this policy in force no matter how old you get. No matter what happens to your health you will always have insurance.
Stage 2
You get married buy your first house and have a few children. At this point in your life you need enough insurance to pay off the mortgage if something happens to you and of course you would want to make sure there is enough money for your young growing family . Don't forget those college expenses A Term Policy or universal life policy are what you should be looking into during this stage.
Stage 3
A friend of mine says life begins when the dog dies and the kids graduate college. Your Home is paid off or nearly paid off. Your children are all on their on and no longer count on you for support. Your concern now is to have enough money for retirement. Your Life insurance needs aren't that great that 50,000 Life policy you got when you were in stage 1 might be all you need. Annuities, Universal Life and long term care are areas of insurance to look into during this pahse of your life.
Stage 4
The Golden Years. You want to make sure you don't outlive your retirement savings. You also want to protect the assets you have. Annuities and Long Term Care and Medicare Supplement would be your 3 main areas of concern during this satge of your life.
About the Author
Mike Makler Offers Financial Services (Mortgages,Life Insurance, Annuity) in Florissant Missouri which is in North St. Louis County Missouri Just Across the Bridge from St. Charles Missouri
Call Mike at 314 398-5547
Visit Mike's Web Page:
http://ewguru.com/finance
For Missouri Specific Insurance and Loan Questions:
http://ewguru.com/Mo-Finance
Get Mike's Newsletter Here
http://ewguru.com/fin-news
Copyright © 2005-2006 Mike Makler
Wind Chimes and more... In most cases, private health insurance comes through a person's... Read More Family health insurance plans typically need to offer more coverage... Read More If you run into a billing problem or misunderstanding with... Read More When you want to purchase a life insurance policy, you... Read More Love. Yes, that's right. Love for your spouse, children, family,... Read More Whether you are self-employed or a small business owner, finding... Read More Term life insurance can offer protection for a small business... Read More This is a FREE Insurance Claim GuideYour "Motor Vehicle" can... Read More If you're looking to save money on your auto insurance... Read More Having even a teeny-tiny car accident can be one of... Read More The Health Savings Account (HSA) is becoming well-known as an... Read More Why does health insurance cost so much? Year after year,... Read More Finding auto insurance quotes online is easy, but finding the... Read More Insurance is always a gamble, a bet actually.You are betting... Read More Life Insurance is a legal contract between you and a... Read More As we go through life our needs change. A Young... Read More In the UK each September, 350,000 new students embark off... Read More A Health Savings Account (HSA) does not really cover alternative... Read More Boat insurance is necessary for all boat owners who live... Read More Renters insurance is often overlooked by people who are renting... Read More For many consumers the cost of daily living is becoming... Read More For may young drivers, affording the costs of motor insurance... Read More Unlike motor cover, home insurance is not a legal requirement... Read More The Terrorism Insurance Act of Nov. 26, 2002. This helps... Read More Your friendly, neighborhood life insurance agent is most likely to... Read More
Windchimes
for great gifts!
Choosing Affordable Health Insurance For Children
Family Health Insurance Plans - How to Find The Best Provider Online
What Should I Do About Billing Problems When Using HSA Money?
Is Life Insurance Comparison Really Necessary?
Why Buy Life Insurance?
Individual Health Insurance Plans - How To Find The Best Provider Online
Term Life Insurance - A Safeguard for Small Business Owners
Motor Vehicle Accident Insurance Claim Guide
Will Online Automobile Insurance Quotes Really Save Me Money?
Seven Steps to Filing Your Car Insurance Claim
Health Savings Accounts (HSA): How Do I Tell a Good One from a Bad One?
Why Does Health Insurance Cost So Much?
Cheap Auto Insurance Quotes ? Tips For Getting The Lowest Rate
Why Dont Insurance Companies Reward Us for Being Healthy?
Life Insurance Benefits
How to Match the Right Insurance Policy to the 4 Stages of Life
Student Possessions Insurance - Insuring the Contents of Your Room
Does an HSA Cover Alternative Medicine?
Why Boat Insurance Is A Necessity
If You Rent A Home, Protect It By Buying Renters Insurance
Are You Overpaying On Your Home Insurance Policy?
UK Young Driver Motor Insurance - Build Your Own No Claims Bonus or Insure through Your Parents
An Introduction to UK Home Insurance
Terrorism Insurance - What it Costs Small Business
Life Insurance: Who Needs It And How Much Do You Need?
A "Life Settlement" is a lump sum settlement paid to... Read More
For many consumers the cost of daily living is becoming... Read More
In response to a hard insurance market in the mid... Read More
If you are an expatriate planning on long-term residence in... Read More
Though popular among today's aging Baby Boomers and members of... Read More
I've long wanted to write an article about Internet Leads... Read More
If you've just bought a dinghy or are thinking about... Read More
While Legal Romantics would like to characterize the trial of... Read More
Health insurance is a kind of protection that provides payment... Read More
The biggest worry of most parents today is their children... Read More
First of all, congratulations on deciding to go out and... Read More
If you're a recent college graduate, or in between jobs,... Read More
So, you've decided to purchase life insurance. Well then, you... Read More
Term life insurance quotes are rarely a concern of single... Read More
Health Insurance For Seniors On The NetWhen a good friend... Read More
There are different types of life insurance policies available. Shop... Read More
Don't skimp on insurance. This probably doesn't sound like a... Read More
Finding good car insurance can be very difficult. Here are... Read More
The value of a personal injury claim has a direct... Read More
In the United States health insurance, unlike many other countries,... Read More
Gone are the days of the cinder block and wood... Read More
The original purpose of life insurance was to provide for... Read More
Nowadays, auto insurance is really expensive. A typical insurance policy... Read More
If you are going to be involved in an accident,... Read More
Global warming may have been lurking on our horizon for... Read More
Insurance |