BUS 215 Week 3 Discussion 2, Life
Insurance
Life insurance can be used to hedge against future risk of financial loss to others
(beneficiaries) due to your (policy holder’s) death. But do youneed life insurance, and if
youdo, how much do youneed? Read Chapter 12 and use the methods defined (“The Easy
Method,” The DINK Method,” “The Non-Working Spouse Method,” and/or “The Family
Need Method) as appropriate to conduct your assessment. Determine whether youneed life
insurance. Then estimate how much, if any, life insurance youshould carry. Should youuse
“term” or “whole life” to meet your needs? What other life insurance products could
youuse to meet your financial goals? What is the potential that your life insurance needs
will change over your life? What would be a good strategy to deal with that change?
Determine what would be best for younow and in the future. Did this process reveal
something new to you? Post to the discussion board a 200 word summary of your decision
and what youlearned from the experience. Respond to at least two of your classmates’
postings.
Depending upon a person’s circumstances and/or situation life insurance can help their
surviving spouse and/or children through a rough time. My husband has life insurance, but, after
reading and researching for this assignment I think we need to look intoacquiring additional
Insurance
Life insurance can be used to hedge against future risk of financial loss to others
(beneficiaries) due to your (policy holder’s) death. But do youneed life insurance, and if
youdo, how much do youneed? Read Chapter 12 and use the methods defined (“The Easy
Method,” The DINK Method,” “The Non-Working Spouse Method,” and/or “The Family
Need Method) as appropriate to conduct your assessment. Determine whether youneed life
insurance. Then estimate how much, if any, life insurance youshould carry. Should youuse
“term” or “whole life” to meet your needs? What other life insurance products could
youuse to meet your financial goals? What is the potential that your life insurance needs
will change over your life? What would be a good strategy to deal with that change?
Determine what would be best for younow and in the future. Did this process reveal
something new to you? Post to the discussion board a 200 word summary of your decision
and what youlearned from the experience. Respond to at least two of your classmates’
postings.
Depending upon a person’s circumstances and/or situation life insurance can help their
surviving spouse and/or children through a rough time. My husband has life insurance, but, after
reading and researching for this assignment I think we need to look intoacquiring additional
