It is very possible that you may need life insurance even after all your children are gone from the house.There are many different reasons why you made need life insurance once your children leave home. Your children might be in college or not be fully independent financially, life insurance may aid you in this scenario. You might already have enough saved up for tuition, your children’s living expenses still continue though, social security benefits for surviving children and spouse will not continue though.. they are stopped once the children are out of high school.
There might also be other dependents that you need to support. Parents, disabled older children and others that are dependent on you financially would be helped out if you had life insurance if you died before them. You may want to offest a survivor’s reduced social security benefits. If the dependent dies early, this means they did not receive any promotions or salary increases which may have increased the Social Security benefits. A life insurance policy will often help ease this concern.
Being financially devoted to mortgages, leases and car loans is an affliction that two incomes...
To view and download this full PLR article, you must be logged in. Registration is completely free. Once you create your account, you will be able to browse, search & downlod from our PLR articles database of over "1,57,897+" on 1,000's of niches and 200+ categories without paying a penny. Click here to signup...
