PROVIDING SOLUTIONS GUARANTEED TO INSURE YOUR FINANCIAL FUTURE! REPACING RISK, FEES, & LOSSES, WITH GUARANTEES!

Life Insurance Checkup

Learning Center:

Although few people would argue about the importance of having life insurance, most do not have a clue when it comes to the appropriate amount of coverage. A recent study revealed that only 13 percent of Americans carry the recommended amount of life insurance coverage based on their income.¹

It's not unusual for people to buy a life insurance policy and then all but forget about it. But this could be a big mistake. Changes in your personal and financial situation may necessitate a change in your coverage. By reviewing your life insurance policies on a regular basis, you can help ensure that your coverage is in line with your financial needs.

Questions That May Help

  • Have there been any recent changes in your family?
  • Have you gotten married, divorced, or added a new member to your family?
  • Would you like to provide for grandchildren following your death?
  • Has there been a change in your employment and group insurance coverage?
  • Has your annual income increased or decreased?
  • Are you planning to help fund a child's college education?
  • Do you have any term life insurance policies that are about to expire?
  • Do these policies still meet your needs?
  • Have you had any improvements in health that might affect the cost of your policies?
  • (For example, have you quit smoking?)
  • Have you recently reviewed the performance of your policies?
  • Have you determined the cash value?
  • If it has been more than a year since you asked yourself these questions, you may benefit from a quick review of your life insurance policy. Call today so that we can discuss the role of insurance in your overall financial strategy.1) InvestmentNews, December 13, 2004

    [Home] [Insurance] [Business Consulting] [Wealth Preservation] [Retirement] [Is Your Retirement Insured ?] [Life Insurance Checkup] [Disability] [Life] [Protect Your Legacy] [Career Opportunity]

    EMPOWERMENT RESOURCES INTERNATIONAL

    ONE SOUTH DEARBORN SUITE 2100 CHICAGO, IL 60603

    OFF: (312) 212-4466 BUS: (312) 735-7579 FAX: (312) 212-4467

    Copyright © 2002-2010 Empowerment Resources International Corp. All rights reserved