The goal behind life insurance is to replace lost income.
Protect the one's we love.
Mortgage Life Insurance ( Spanish at bottom of page )
How do I shop for Life Insurance?
First, understand exactly what is Term life insurance.
Next, what reasons why would you need term life insurance.
Finally, how much coverage makes
sense for your family's needs.
What is term life insurance?
Why would I want it? |
When you think of your loved ones, you can't help but dream about their future. The life you want to give them, the future you're working so hard to build. You've made a promise, to yourself and to them, to always provide for them. And now all you need is a plan to make sure that your promise will be kept, while you're alive and long after you're gone. Make life insurance part of your promise - and our plan. Life insurance offers the confidence that you can keep your promise to your loved ones. But that kind of confidence can only be found from a stable provider with great financial strength. And that's why, when it comes to life insurance, Across Atlanta insurance provides a way to help you keep your promise and help give your loved ones the future they deserve. Why not take a minute right now to see how Across Atlanta insuance can help you today? Whether you're just doing a little research or ready to take the next step, the tools on the right will help you get started. We look forward to hearing from you. |
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How do you determine the right amount of life insurance ?
Determine your insurance need. How much insurance do you need?
Special circumstances, such as pre-existing medical conditions or tax-efficient estate planning, can signifcantly complicate the question of how much life insurance you need. The insurance industry itself has many different formulas. Let's narrow it down to what you would need to replace your income if you, or your spouse died suddenly.
Some experts suggest buying life insurance equal to five times your yearly income. This assumes there is group life insurance from work for an amount equal to one year's salary, and that the person who will get the life insurance payment is eligible for social security survivor benefits. If both husband and wife work you should buy insurance for each of you. You need more insurance on the person with the highest income.
5x Rule | |
You earn | $35,000 |
Spouse earns | $60,000 |
Using this rule, buy life insurance | |
on your life | (5 X $35,000) $175,000 |
on your spouse's life | (5 X $60,000) $300,000 |
More information can be found at this web site.
http://www.iii.org/individuals/LifeInsurance/
Spanish version
Contact Our Across Atlanta Insurance Program
today to set up your family's term life insurance program.
(678) 560-4663