May 29
Americans Say Recession, Declining Stocks and Soft Home Values Less Financially Disastrous Than Death of Spouse
According to a survey by one of our carriers, ING, Americans in every demographic group say that their death or the death of their spouse would be a much greater threat to their family’s future financial situation during this time.
This is yet another reason why now may be a time to re-evaluate your life insurance needs. Keep in mind that term life insurance rates are the lowest they’ve been in history. The survey demonstrates the central role life insurance plays in a comprehensive financial plan, including the important role of wealth protection. Inadequate life insurance can be swiftly disastrous to families that don’t properly anticipate and assess the impact death of a spouse or partner can have on short- and long-term finances
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