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to be used for questions related to life insurance.

24 votes

Is permanent life insurance necessary in retirement?

You are exactly right, life insurance is income insurance to replace your income for people who depend on it. If you are retired or have assets to take care of those that rely on you then you are sel …
AbraCadaver's user avatar
  • 1,125
4 votes

How to be sure my advisor's insurance recommendations are good for me?

Term life insurance is needed to replace your income if anyone relies on your income. You should probably get 5 to 10 times your annual salary in level term. In your wife's case, you need to calcula …
AbraCadaver's user avatar
  • 1,125