Insurance is simply the transfer of risk. Therefore I am of the opinion that when you are paying someone to take over your risk, you should do it as affordably as possible. That is why I believe Term Life out performs Whole Life in transferring risk at affordable prices.
How Much Do I Need?
In order to protect your family in the event of a loss, you need to have 10 to 12 times your annual income in coverage. This amount will allow your loved ones to invest the insurance money and replace your income with the interest off of the investments. This provides stability and time to make sure all of the necessary decisions are properly thought out and everyone is taken care of in the event of an untimely loss.
Currently I Represent the following:
AIG, Transamerica & Foresters.