“Life insurance helps ensure your financial needs are met, even after you’re gone. Life Insurance is priced based on your health, family history and goals……” When do I hear this ? When my insurance agent is fighting for his target.
My insurance agent came this morning, trying to persuade me and my hubby to get the latest life insurance quotes. He heard that hubby was involved in business, so there was business possibility for him too. What he didn’t know is that hubby quit his job last month.
If given a choice, I think hubby and I would prefer term life insurance which is a shorter term cover that provides protection for a limited period, such as 10, 15 or 20 years. This is a popular form of life insurance, and is the cheaper option for us who are on a budget.