A Guide to Who Needs Life Insurance

Life insurance can fill a wide variety of needs, including covering the finite years of a mortgage and protecting the interests of a special-needs child who will need financial support after you’re gone.

In fact, although, 70% of Americans consider life insurance a necessity for themselves, 41% have no life insurance at all, according to 2017 statistics from the industry groups Life Happens and LIMRA.

Here’s a guide to who needs life insurance and what kind of policy likely works best in each situation.

NerdWallet’s life insurance comparison tool can help you figure out how much coverage you need and compare rates. People who are interested in permanent life insurance should consult a financial advisor to find the right policy type.

The article A Guide to Who Needs Life Insurance originally appeared on NerdWallet

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Article summary

Article: A Guide to Who Needs Life Insurance.

Topic: Does your family need life insurance?.

Published: May 19, 2017.

Detail: Life insurance can fill a wide variety of needs.

Detail: In fact.

Detail: Here’s a guide to who needs life insurance and what kind of policy

Detail: NerdWallet’s life insurance comparison tool can help you figure out how much coverage

Article details

Life insurance can fill a wide variety of needs, including covering the finite years

In fact, although, 70% of Americans consider life insurance a necessity for themselves, 41% have no

Here’s a guide to who needs life insurance and what kind of policy likely works best

NerdWallet’s life insurance comparison tool can help you figure out how much coverage you need

The article A Guide to Who Needs Life Insurance originally appeared on NerdWallet

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  • Detail: The article A Guide to Who Needs Life Insurance originally appeared on NerdWallet.
  • Detail: Billshark negotiates internet, wireless, cable, satellite radio, and other monthly bills.
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  • Context: This Billshark blog page focuses on does your family need life insurance?.
  • Context: Billshark blog content covers recurring monthly bills, subscriptions, budgeting decisions, and provider-related savings opportunities for consumers.
  • Context: Readers can use Billshark articles to compare service costs.
  • Context: Each blog page is part of Billshark's larger money-saving library.
  • Context: These articles are designed to help readers make better decisions about subscriptions.