Write one of your happiest memory
Answers
Answer:
n childhood, our parents are the most important thing in our lives, but as we grow older and become parents ourselves, our children become the main focus. How many times have you heard the phrase “I would do anything for my children” or “My children are my life”? Why is it then that parents are not putting their children first when it comes to protecting their future?
During that same catch up with my friends, I asked them how many had life insurance and only two out of five said that they did. All of them had insured their phones and unbelievably three had insured their pets, yet insuring their own lives seemed less important somehow. All of my friends understood the importance of covering their mortgage should the worst happen but I was shocked to discover that none of them understood the true effect of losing the main wage earner and the devastating effect it could have on the family finances.
Having specialised in life insurance for the last 14 years, I was in a good place to give them some advice on the level of cover they should consider. I have also provided some tips below and if you are at all unsure or require some further information or advice I would recommend that you speak to an independent specialist such as LifeSearch. They can make sure that you are selecting the right cover for you and they can ensure you are getting the cover at the best possible price.
You should consider roughly covering 10 times the annual income of the highest earner until kids have finished full-time education.
You don't need life insurance if you don't have dependants, consider something like Income Protection instead.Consider writing your policy into trust. (It will pay out quicker and the taxman will not receive any of the proceeds)
Two single policies can be better than joint cover.The less risk you are, the cheaper the cover. (Risk factors include health, family history and occupation types)
Explanation:
Answer:
my happiest moment is when I got y surprise give