LifeInsurance分析.pptVIP

Copyright 2006 by South-Western, a division of Thomson Learning. All rights reserved. Life Insurance Chapter 11 Why Purchase Life Insurance? If you are single with no dependents, you may not need any life insurance But if you have family members who are financially dependent on you, reasons include: Cash for immediate needs Readjustment funds Will spouse need time to find work, relocate, etc.? Replacement income Special situations Help pay off the mortgage, finance child’s college, etc. Figure 11.1: Estimating Life Insurance Needs How Your Life Insurance Needs Change Over Time When you’re you