Life insurance a must.

[moneysense]

I know that times are hard right now and you probably think you cant afford life insurance but it is a must have, so cutting back on some other things in order to pay for life insurance is something everyone needs to do.

Consider the cost of a funeral these days, then add in the cost if you are having the deceased transported to another state for burial. Depending on the length of the trip dictates the cost for doing so.

Also, there is the headstone to consider. They can be quite pricey but could be paid for out of the life insurance you have on that person.

Also, consider this, that persons income is immediately gone from your life also and making it until you get an income of your own coming in or a better income coming in, the money left over after burial and the headstone can be a real life saver by helping you make it through the months until your own income is secured.

So definitely find a way to get life insurance on everyone. I would recommend Globe Life and Accident Insurance Company.

[udontknow]

buying insurance is one way to plan for your future health. There are lots of uncertainties-illness, disability, and accident--that may ruin your life and your loved ones. It's important that you are armed anytime these illnesses or disabilities arise. One of the best insurance you could purchase is LTCI to protect yourself from debilitating long term care costs

[moneysense]

Yes, I agree. And the older you get the more likely that you are going to need long term care unless your family decides to keep you at home but even then, there would be visiting nurses etc.

I will have to check into this insurance to see if the nurses etc are covered if your family opts to keep you at home.