Readers Question: “In order to give my family the security they need should I buy myself and each of my 2 children a life insurance policy”

Jon lives in Jackson, Tennessee and he is planning to provide security for his family and in doing so had several questions to ask me about insurance coverage and the easiest way to go about it.

Jon what I recommend is that you consider buying a no exam term life insurance because the rates are as low as $3.27 per month. There is no waiting period, no medical exam necessary and it requires only just a few yes/no answers to some questions. You can get any amount you want from $5,000 to $50,000. The rates are based on your current age and are guaranteed for the life of the policy. The coverage is also available for your spouse and other members of your family. Benefits will never be cancelled or reduced for the life of the policy if premiums are paid on time. Your benefits are paid free of federal income tax.

You can also get life insurance on your children and grandchildren. The rate is based on your children’s age and is guaranteed to stay the same for the rest of their life. This will give your children a financial head start right now and your policy also builds cash value and you can use the cash for your family’s needs. The benefits will never be reduced or cancelled regardless of future changes in age, health or occupation.

Thanks