The magic of life insurance

Let me share a few reasons why I am proud to sell life insurance and why I think it is important you own it. Think about what we have in the industry of life insurance, do every day: We create money where there was previously. We create dollars for future delivery, dollars for pennies a piece. We create safety of a spouse or family.

With just a piece of paper and a drop of ink, we can create more money to more people than any other person in any other industry. Think about it. If you are a man of 40 years (for example) that do not smoke, you pay an annual premium of $ 1,000 for a permanent life insurance policy $ 100,000. This is 1% of the nominal value. Where can you "buy" money to 1% per year?

With life insurance, we create security, dignity and peace of mind.

When a client dies, I'm the one who brings money to the family. Other accountant advisors, the prosecutor and the heirs have all their hands. I walk only with money created out of the magic of life insurance.

But to really get the benefit of this magic, you must have an amount of life insurance that is appropriate to cover the value of your human life.

After 9/11, the federal government determined that the average person who died in the attack against the World Trade Towers had a value of human life equal to 15 times their annual profits. Are you insured for 15 or 20 times the annual income you? If not, why not? If someone offers to pay you in cash the amount you insured your life and said that you would now work for them for the rest of your life without extra income, would you take the offer?

If you answered no, you are underinsured. I do not know what your "value of human life" is? Use the calculator the value of human life to run your own calculation, then be sure to get the coverage you need.