Re: life insurance costs

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Posted by Joan H. on July 30, 2010 at 10:15:22:

In Reply to: life insurance costs posted by Ned Giovanni on July 21, 2010 at 01:40:08:

How much coverage did you buy? That will influence the price along with the increasing or graduated premium.

If you don't have many dependents and few debts, estimate of your insurance needs by adding together your debt, estimated funeral costs, and six months to a year of income replacement.

If you have larger debts and multiple dependents, multiply your yearly income by between 5 and 10.

Joan H.


: How are my life insurance premiums going up after 5 years? I thought I had purchased level term with AAA company.

: N.F.G.




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