It isn't the cost of life insurance that gives us a problem. Truly understood and properly measured, the cost is negligible at the outset. In the long run, it begins to pay a profit instead of assessing a cost. It is the cost of food, clothing, shelter, college educations, a mother's full-time devotion to her children, living without working in retirement, and the assets passed on to heirs that must be sold to pay taxes. It is these alternatives without life insurance protection that cost so heavily - not the insurance policy.
Someone always pays for life insurance. Without the protection of life insurance, your heirs will pay for life insurance the hard way, at 100 cents on the dollar, when it could have been paid on far easier terms, at just a few cents per dollar per year.
Someone will pay for needed life insurance someday, whether for the purchase of a life insurance contract or later by paying the landlord, the mortgage, the credit card company, etc. If you would like to review your current life insurance or discuss estate planning using life insurance, please call.