Term Life Insurance Quotes for SinglesWritten by Ivon T. Hughes
Term life insurance quotes are rarely a concern of single people, but they should be. Unfortunately, there is a misconception that term life is something owned only by families in event that chief breadwinner dies.Term life insurance quotes and policies should be on minds of everyone, not just parents and families, for a couple of reasons. Mortgage Life Insurance While people are still getting married and buying homes, same is true of many single people. For single individuals who own a home, getting life insurance through comparison shopping is important. If a property owner dies without insurance, bank who handles mortgage, would take back home and sell it as quickly as possible in order to recoup their loss. Imagine how heartbreaking that could be for person's family. However, if owner had simply investigated cost of a term life policy, he or she could have found an affordable policy that would have allowed their loved ones to pay off mortgage and to keep property. Even if they chose not to live in home, it could have been sold at a higher price or turned into rental property to provide income for beneficiaries. No matter how property is used, at least deceased's investment would not have been wasted.
| | Term Life Insurance on Your Business PartnerWritten by Ivon T. Hughes
Life insurance is something we often take out to protect our family and our loved ones, but that's only one example of how life insurance can save us in unhappy circumstances. Businesses also need protection and those with partners realize that if a business partner were to pass away, business itself could be jeopardized. Not only does work that partner provide in company need to be replaced, but so do their other valuable contributions.Term life insurance on your business partners provides best answer. Term life insurance works well because it provides coverage for a specific time period with higher coverage amounts which require lower premiums. This low cost life insurance option could help you keep your business going in event of a partner's death. The money from term life insurance policy could be used to pay off outstanding business loans, hire replacement workers or even to help deceased's family in their time of need. In past, many people dreaded making their own life insurance purchases, so they have never considered taking out a policy on their business partners. Today, however, ability to get a term life insurance quote online without having to deal face to face with life insurance company's agents, makes entire process simple from comparison to purchase.
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