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  1. #11

    Default Re: Life Insurance=Income Replacement


    hey guys! i see that there 89 of u who viewed this thread.i know most of you opened this thread coz your somehow interested. if you have questions regarding life insurance,do ask,please. i would very much lile to answer them. i know u have doubts and hesitations on life insurance,so shoot!
    if you want to know more about the benefits and uses of life insurance or u want us to address your doubts,hesitation,objections, we would like to invite you to attend our discussion this saturday at the former century 21 bldg.(in front of national bookstore in mango,3rd floor). AXA holds these discussions to educate and inform people about the importance of LIFE INSURANCE. contact me so i can add you on the list. see yah!
    Last edited by annabelle; 04-15-2011 at 10:53 AM. Reason: edit

  2. #12

    Default Re: Life Insurance=Income Replacement

    happy weekend istoryans!

  3. #13

    Default Re: Life Insurance=Income Replacement

    Some people believe that having life insurance -- planning for their death -- will bring misfortune to their lives, and would rather not have any at all. Unfortunately, too many people don't realize the importance of life insurance until it's too late.

    Life insurance protects those who depend on your paycheck, such as your wife, children and quite possibly, your parents. If you die prematurely, life insurance can provide ongoing income to your dependents, until they are able to live comfortably without it. It can also provide emergency support for legal, medical and funeral costs, should family savings not be sufficient to cover them.
    who needs life insurance?
    A single individual -- or someone who's one-half of a two-income, no-dependents household -- won't likely need an abundance of life insurance, if any.

    Remember; life insurance is not a state lottery. Its purpose is to cover any unexpected costs that a family unit cannot afford or that would put the family's financial situation in peril. At this stage in your life, the main concerns to plan for are funeral costs, and unexpected estate taxes.

    On the other hand, if you're the sole breadwinner for a large family, with little savings, then life insurance is essential. Once basic items such as shelter and food are covered, life insurance should be next on your list of priorities.

    Imagine yourself gone tomorrow; what would the immediate impact on your family be? Are they counting on your paycheck in the years ahead to cover basic needs and future savings goals? Could they afford the funeral costs? Who would pay the home mortgage? Would your family be thrown out on the streets?

    At this stage in your life, if you still don't have life insurance, maybe it's time to consider getting some -- not for your sake, but for your family's.

  4. #14

    Default Re: Life Insurance=Income Replacement

    have a blessed Palm Sunday everyone!

  5. #15

    Default Re: Life Insurance=Income Replacement

    Death leaves a heartache no one can heal. Love leaves a memory no one can steal...
    Last edited by annabelle; 04-18-2011 at 06:34 PM. Reason: edit

  6. #16

    Default Re: Life Insurance=Income Replacement

    happy birthday to me!!!

  7. #17

    Default Re: Life Insurance=Income Replacement

    be safe this holy week! God bless!

  8. #18

    Default Re: Life Insurance=Income Replacement

    Power Quote! on being a billionaire
    -It is not how much you Earn, its how much you Save and Grow-
    make sense?

  9. #19

    Default Re: Life Insurance=Income Replacement

    Most rich people do what most poor people think about!

  10. #20

    Default Re: Life Insurance=Income Replacement

    our money mindset determines our financial life-when u sow a thought,u reap an act;when you sow an act,u reap a habit;wen u sow a habit,u reap a character;wen u sow a character,u reap a destiny-money mindsets are invisible yet so powerful that they affect the way we live today.

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