Term Life Insurance Quotes!

The Atlanta Journal-Constitution published an article on September 20, 2009 by M. Bryan Freeman and Stephen B. Wilkins titled “Life insurance good asset for consumers.” The article pointed out that “Life insurance may not be thought of as an asset class because its buyers may not think of it as a flexible investment. That is, they expect to lapse it, take a minimal cash surrender value payout or, of course, pass away and leave the proceeds to their heirs.”

But it further points out that in today’s uncertain financial times, wealthy families are purchasing life insurance “to generate the maximum amount of death benefit with the most efficient premium stream.” They are not trying to grow cash value but enhance the overall return on the fixed income portfolio. This strategy is a buy-and-hold one with a long-term estate planning purpose.

Many people have experienced substantial drops in their investment portfolios and pension plans. Supplementing these programs with life insurance to replace the values lost over the past 20 months is a very cost-efficient way to replenish these portfolios which may otherwise never be rebuilt in the event of the death of the individual.

Contact your agent or locate one at LIFE’s Agent Locator to learn how inexpensive this asset replacement option may be for you.

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