Problems with Investment Plans
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Time factor - can't complete a plan if you die prematurely.
Spend factor - most plans are hard to put money in east to take out.
Fluctuation factor - no guarantees in most investment plans.
Benefits of Life Insurance
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Cash Accumulation & Liquidity, Survivor Protection, Estate Conservation,
Pre-arrangement or Pre-needs policies, Security, and Timeliness and
Certainty.
, Insurance
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A method of spreading the result of financial loss among a large number
people.
Capital conservation
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This method derives income only from interest gained on the principal. It
generates income indefinitely.
Needs Approach
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How much life insurance is needed by surviving dependents to cover their
needs and expenses, and also any expenses that result from the death of
the insured.
Renewable term
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Give this one a try later!
Time factor - can't complete a plan if you die prematurely.
Spend factor - most plans are hard to put money in east to take out.
Fluctuation factor - no guarantees in most investment plans.
Benefits of Life Insurance
Give this one a try later!
Cash Accumulation & Liquidity, Survivor Protection, Estate Conservation,
Pre-arrangement or Pre-needs policies, Security, and Timeliness and
Certainty.
, Insurance
Give this one a try later!
A method of spreading the result of financial loss among a large number
people.
Capital conservation
Give this one a try later!
This method derives income only from interest gained on the principal. It
generates income indefinitely.
Needs Approach
Give this one a try later!
How much life insurance is needed by surviving dependents to cover their
needs and expenses, and also any expenses that result from the death of
the insured.
Renewable term
Give this one a try later!
