Wednesday, April 12, 2006

 

Determining How Much Life Insurance You Need

Despite its name, life insurance isn't so much about life as it is about death. In fact, if you insure your life, you'll never benefit from the money since the insurance company pays the so-called death benefit -- the face value of the policy -- to the policy's beneficiary only after the sand has run out of your hourglass.

Determining How Much Life Insurance You Need
Source: Wall Street Journal (subscription required)

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