Here is a great article on why the term life insurance offered by your employer is just not enough.
Written by Ashely Eneriz of WiseBread (a website that helps people Live Large on a Small Budget) the article states that group term life, especially the employer paid portion is an excellent deal for most employees.
She says that many people underestimate the amount of life insurance that they need and do not consider the following:
She encourages people to buy term life while young and eligible for preferred rates. In NH and MA Term Life Insurance is portable, affordable and easy to apply for (see my article on how easy here!).
It's a great article please take a moment to review her suggestions.
Written by Ashely Eneriz of WiseBread (a website that helps people Live Large on a Small Budget) the article states that group term life, especially the employer paid portion is an excellent deal for most employees.
She says that many people underestimate the amount of life insurance that they need and do not consider the following:
- Student loan debt
- Mortgage and other personal debt
- Need for Income replacement
- Future college costs for children
- Funeral costs are higher than what most people expect
She encourages people to buy term life while young and eligible for preferred rates. In NH and MA Term Life Insurance is portable, affordable and easy to apply for (see my article on how easy here!).
It's a great article please take a moment to review her suggestions.
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