How financially vulnerable are you? According to a 2010 LIMRA report “Facts About Life 2010,” more than 40% of Americans say the reason they don’t have more life insurance is because of other financial priorities, like saving for retirement. Furthermore, nearly 70% of American households with children under 18 would be in financial jeopardy if the primary breadwinner died. Even if you feel financially secure today, there are factors outside your control that could impact that security tomorrow. Become more proactive and purposefully begin a plan that will provide protection, growth and security in spite of uncontrollable life events.
The following are some common questions that require definitive answers to establish solid plans for those “what if” events.
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