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Wealth Managers:Answer Questions & Get Points
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Asked on
December 31, 2022
in
Annuities & Insurance
Q:
What are some long term needs/questions to consider when planning life insurance?

Getting life insurance and was told to follow a DNA analysis, does anyone have a good list of factors or questions to consider when assessing one's family's long-term needs?

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What are some long term needs/questions to consider when planning life insurance?
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Wealth Manager Answer(s)

How much will it cost to maintain your family’s standard of living? How much is spent on necessities like housing, food and clothing? Also, consider factoring in expenses such as travel and entertainment. Answering the question, “What would it cost per year to maintain this lifestyle?” is a good place to start.

December 31, 2022
James V Petitpren, II
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