Why You Need Life Insurance

MAKE PLANS FOR THEM

 
 Deciding whether you need life insurance can sometimes be a complicated process. this decision can even be harder when you consider yourself still very young. But it all boils down to making a well-informed decision. why then should you invest in life insurance?

1. Providing For Your Dependent If You Die.
No one wakes up and wish you to die. But life is full of so many uncertainties. you may want your dependents- children to attend college and your family to enjoy certain benefits and lifestyle when you are no longer in the picture. They may not be able to afford such benefits and life-style when you are no longer with them. planning is everything. your savings alone may not be able to cover their expenses, you can very address this concerns by buying enough life insurance.

2.You Have an Option
You have the option of buying a term life insurance policy, which could cover you for certain period of years ranging from 10 - 30 years. These policies pay a benefit only during the term period covered by the insurance. These can be a good option, if you want a coverage just till your children educational pursuits are over. They are other options of buying a whole life policy, popularly known as permanent life insurance.

3. Insurance Can Also Be  a Good Investment.
Many young Professional are looking for other source of investment for savings. The life insurance policy can provide a good addition to their investment portfolio as it allows investment in stocks, mutual funds and bonds. With these investments, your cash value can quickly increase of time.

4.You Can Sell Your Policy.
If you Suddenly become terminally ill and are in need of cash to cover medical and other related expenses, you may have the option to sell your policy at a discounted price.

5. You Can Accumulate Cash.
With Insurance, you have the possibility of allocating a portion of your premiums to a cash accumulation vehicle. This accumulated amount can serve as a cash reserve to pay insurance premiums if your disposable income is no longer sufficient to pay those premiums.

6. Financial Requirements.
The amount of insurance you need depends on what you want it to cover. take into consideration your current earning capacity, and how many years your family will replace that income if you should die prematurely versus how much you have already saved.

It will also interest you to know that life insurance is not for everyone. But you should not dismiss it without doing your research. Especially if you have loved ones who depend on you financially, it is very likely that you might be needing it. Your financial advisor can help you decide what type of policy is best for you.

Why You Are Not Getting The Ring

This year is almost done, and you're still hanging on to that relationship that isn’t going anywhere. You've attended 8 weddings this year and all your friends who are about your age seems to be happily married and have settled down. I can imagine the feeling, and the increasing pressure from parents. But what can you do? No... its not your fault that HE didn’t propose, its not your fault that another year is coming to an end, and you'll still end up without a ring. But wait... have you ask yourself, what is the aim of this relationship? If you cant define your relationship, your heart and expectations would always be defied by men. HOW TO GET THE RING Build On You Character Character is the live wire of any relationship. I would prefer to marry a woman with an outstanding character even if she’s not too religious over a woman who’s very religious and has a very bad character (from a male perspective). If you lack character, your relationship is bound to fail. You've to develop the right character, God cannot do that for you, if you don’t do that yourself. Appearance Matters Men care much about appearance, and truthfully, nobody needs psychology to tell them that. Alot of ladies make mistake when it comes to appearance, you can’t dress like ladies do in the 40’s and expect to get a ring from your man who work as an executive in a multinational corporation. Come on girl.. you've got to look great, learn to brand yourself. How you look determines how you're worth. Be truthful to yourself and change what needs to be change. Communicate Yourself Feeling It helps your partner know your expectations, and if his goals align with yours. Give Yourself Some Standard It helps your man respect and understands your core values and principles. This will make him want to keep you for life. Try It.... Be Bold Enough To Say GoodBye What is the essence of having a courtship that span for 8 years without any plans for marriage. Wise up girl, he is just making you miss having the real Mr Right come into your life. You must have the emotional maturity to say GOODBYE. Don’t hang on to a bus that’s going nowhere. Remember that having a relationship with yourself is the best ever know yourself. CHEERS...