You might be in a different season of your life, you are not completely financially supporting your children and family anymore, but there is still an immediate need for money at your passing. Hans explains why $25,000 is the minimum amount he recommends to cover these immediate costs. While you have a Will to dictate how your assets are going to be split, the life insurance comes in to pay the bills while your family is working all of this out.
Hans even tells the story of his sister who passed 7 years ago. Even though her brother and father both sold life insurance, she did not have a policy when she died. Her husband has told Hans many times that while two incomes is great, one income is very different.
Don’t forget to get your copy of “The Complete Cardinal Guide to Planning for and Living in Retirement” on Amazon or on CardinalGuide.com for free!
You can contact Hans and Cardinal by emailing firstname.lastname@example.org or calling 919-535-8261. Learn more at CardinalGuide.com.