It say Getting married and starting a new life as a couple is an exciting time.We understand the inclination to put off life insurance. "It s boring and morbid. "It 's hard to understand. I'm young and healthy, I'll get it later." "It's expensive. "Or maybe your're making do with insurance you already have. But protecting your new spouse and your future plans is critically important. So you'll be relieved to know that the TIAA-CREF Life Insurance Company [TIAA-CREF Life] makes the process simple and easy to understand. We'll concisely and clearly explain everything you need to know about life insurance- what it is, how it works, how much you need. Our expertise doesn't come just from TIAA-CREF Life. Our parent company, Teachers Insurance and Auunity Association [TIAA] has been providing life insurance for over 85 years with quality, integrity, innovation and commitment. So you can trust us to guide you to some of the best solutions for your circumstances.
2006-12-02 19:15:52 · 8 answers · asked by Anonymous in Business & Finance ➔ Insurance
Life insurance should only be used to replace the income you currently make for anybody important in your family. If you are not married and have no kids, then you don't have much of a need for it.
Once you have a family that begins to depend on your income for survival, then its an excellent time to buy it.
2006-12-03 16:29:23 · answer #1 · answered by markmywordz 5 · 0⤊ 0⤋
If you don't have a spouse who are you gonna leave the money to? The intention of life insurance is to assist loved ones should you meet an untimely demise. It would depend on your age, where you are in your life and what your future plans for the next 5 years are. If you intend on being single all your life then forget about it, you don't need it. Purchase a burial policy and be done with it. If you are engaged to be married, planning on starting a family within 5 years then talk to a licensed agent about what plan could best serve you.
2006-12-03 03:29:58 · answer #2 · answered by patti duke 7 · 0⤊ 0⤋
Life insurance is good to get who is going to pay for your funeral?
Life insurance that will cover your death. As you are young it is better to invest upir extra money in mutual funds so you can eventually make enough money to cancel a life insurance policy and pay with your own money.
2006-12-03 03:27:33 · answer #3 · answered by Tracey K 2 · 0⤊ 0⤋
Life insurance is something you do want to own however, you might think twice about owning one (spouse). It's easier to rent one, cause once you own it, you can't get rid of her! lol
2006-12-03 03:35:43 · answer #4 · answered by Norm 1 · 0⤊ 0⤋
Spouses aren't like underwear - you can't just go into the store and pick one off the shelf.
2006-12-03 09:05:16 · answer #5 · answered by Anonymous 7 · 0⤊ 0⤋
getting married has NOTHING to do with life insurance. your bad
2006-12-03 03:27:36 · answer #6 · answered by Anonymous · 0⤊ 0⤋
sorry i didnt understand the question. i dont think you need it as long as you have health insurance.
2006-12-03 03:25:33 · answer #7 · answered by iowa_trooper911 2 · 0⤊ 0⤋
No advertising here.
2006-12-03 22:34:29 · answer #8 · answered by floozy_niki 6 · 0⤊ 0⤋