New York, NY (PRWEB) August 27, 2013
Following a Morning Star article, written August 25th and titled “Term Life Insurance,” SushineBloggers challenged their readers to consider the information listed in the article, defining mortgage and term life insurance, and listing their benefits. Given the information offered, SunshineBloggers.com also urges readers to consider investing in an insurance policy of some kind.
Brent Barker began his article by identifying term life insurance, focusing on its price point and temporary nature. He points out that term life is designed to fit within a smaller budget, and can be tailored to suit a customer’s needs, such as replacing income, replacing college funds, or money designated to repay debt. If an insurance holder dies, the amount specified is then paid to the beneficiary. Barker then advises his readers to total a mortgage, any unpaid debt, and perhaps a year’s worth of income and consider an insurance policy in that amount. Though he also tackled the question of group insurance, Barker did not linger; group insurance only applies to employees and in the event of layoffs or being fired, this insurance would no longer be available. He closes his article with mortgage insuring, admitting that though it does have some benefits, it will only pay for the full price of a mortgage, but will not pay for any income loss or depleted personal funds.
Following Barker’s article, Sunshine Bloggers urged readers to consider entering into term life insurance coverage. Idaho term life insurance, as in many states, is government regulated and provides a safe, affordable alternative to and mortgage insurance. Unlike whole life insurance, term life is affordable and can more readily be tailored to a family or individual’s needs, as term life insurance is typically used to replace a specific amount of money from a specific source. If finances are a concern, consider getting a low-pay-out term life insurance policy, then gradually working up as finances allow. Though it may seem unnecessary, term life provides for loved ones in the event of an unexpected accident.
Brent Barker is a columnist for the Vernon Morning Star. The Star is an online paper devoted to detailing local news. It began as a small publication in 1988, working in print news. The Star prides itself on its devotion to its readership, inviting readers to offer stories and story ideas to the paper, building relationships with professionals and novices alike.
Following an article detailing the differences between term life and mortgage insurance, SunshineBloggers urged readers to consider term life insurance, citing its ability to take care of an individual’s loved ones as an important factor in the decision to set money aside for insurance purposes. Term life insurance, such as Idaho term life insurance, is well regulated, and provides a budget-friendly alternative to both whole life insurance and area-specific insurance such as mortgage insurance. SunshineBloggers suggests readers investigate local sources of term life insurance and make a decision regarding insurance purchases based on their budget and needs.
About Sunshine Bloggers:
SunshineBloggers is a website devoted to producing environmental news reports, as well as offering advice and news regarding lifestyle and personal finances.