The Game of Life

THE GAME OF LIFE ONLY ONE-THIRD OF AMERICANS ARE COVERED BY INDIVIDUAL LIFE INSURANCE, THE LOWEST LEVEL IN 50 YEARS. UNIVERSAL WHOLE LIFE LIFE TERM LIFE Lifetime coverage Cash value may accumulate You can raise or lower coverage and premium amounts over a lifetime. So, if circumstances change, you have the ability to adjust your payment and coverage. overtime Specific period of time Fixed premium Used as estate planning tool Premiums are typically fixed for the allotted time This is great for estate planning Can focus on death care coverage and /or cash value Less costly than permanent Can be used to replace lost income during lifetime Tax deferred savings element May build wealth overtime Long term income replacement COST OF LIFE DETERMINING YOUR ELIGIBILITY FOR LIFE INSURANCE IS C OMPARABLE TO HEALTH INSURANCE. IT IS BASED ON THE FOLLOWING FACTORS: LIFESTYLE FAMILY HEALTH OVERALL HEALTH DETERMINING THE COVERAGE 1. Income 2. Assets 3. Debts / liabilities 4. Existing insurances 5. Marriage 6. Buying a home 7. Having children 21 8. Change of job 9. Start a business 10. Planning your estate Twitter @Passarelnc http://www.selectquote.com/learning/Compare.aspx passare.com Facebook facebook.com/passareinc TM http://www.iii.org/facts_statistics/life-insurance.html Tumblr passareinc.tumblr.com http://www.lifehappens.org/life-insurance-needs-calculator/