July 13, 2007, Newsletter Issue #61: Younger People May Need Larger Life Insurance Policies

Tip of the Week

Your family will probably in need of a large amount of money if something happens to you early on in life. Young couples and families who have not yet had a chance to pay off a large part of their mortgage, invest in stocks and bonds, or advance very far in their young careers should consider a larger policy.

It is more likely that someone in between 20 and 30-years-old with a new family will need a large life insurance policy, since their spouse will have fewer assets to draw from and possibly further debt to face. Luckily, larger life insurance policies will be cheaper for someone in this age group than for those who are older.

About LifeTips

Now one of the top on-line publishers in the world, LifeTips offers tips to millions of monthly visitors. Our mission mission is to make your life smarter, better, faster and wiser. Expert writers earn dough for what they know. And exclusive sponsors in each niche topic help us make-it-all happen.

Not finding the advice and tips you need on this Life Insurance Tip Site? Request a Tip Now!


Guru Spotlight
Jolyn Wells-Moran