SERIES: Top 5 Things People Lack In Their Financial Plan 4
Over the past two and a half years, this crusade has been able to reach tens of thousands of people. I was recently reflecting on the top things that I see most commonly lacking in folks’ financial plans. So here are the top five things I see lacking.
Part Four Term Life Insurance
Term life insurance is too cheap to not have it. When you have people who are dependent upon you for your income, term life insurance is a great way to provide for them in the event of your untimely death.
You can obtain free quotes without talking to anyone HERE.
I personally carry ten times my annual take home pay in 30-year Level Term Life Insurance. It is SO cheap. My bride is a homemaker. Even though she does not produce an income, she is invaluable at what she does! If she would die an untimely death, it would take tons of money to replace the work that she does.
I have seen so many instances where someone has died an untimely death and left a financial mess for their surviving family members. Term life insurance takes care of the financial issues so that the family can focus on grieving!
So today’s challenge is to get your new quotes and put your policy into effect!