lifeinsurancenoexam.biz insurance information

lifeinsurancenoexam.biz is holding its $100 Writing Contest to demonstrate the need for life insurance.  Entrants are writing about the impact of life insurance on family, friends, or clients.  If Ann Landers was still alive, we’re sure she would have loved this contest.  Take a look at some of her columns on the subject –

Here’s one column reprinted by Prudential entitled The Importance of Life Insurance.

And here’s a response to that letter.

Widower wishes he had prepared for the worst

Dear Ann Landers: I am a male reader who is very much interested in the letter signed “Finding My Way in Tampa.” The writer was saying how important it is to have life insurance. Please let your readers know that it is a good idea for a man to carry life insurance on his wife, whether or not she works outside the home.
Several years ago, my wife died of breast cancer, leaving me a widower at the age of 35. We had two children, 6 and 8 years of age. I did not have life insurance on my wife. Fortunately, I had enough savings to take care of the funeral and burial expenses without borrowing, but there wasn’t much left over.
I soon discovered I could not provide the stable home-life environment that my wife had supplied, and went through one child-care provider after another. I had to cut way back on my working hours, which did not endear me to my employer and co-workers when they had to pick up the slack. I became dependent on a lot of people for a long time.
My advice is this: Both spouses should get life insurance policies that will enable either one to maintain the independence and lifestyle he or she has today, in case tragedy strikes. It seems my experience with the untimely death of my wife is becoming all too common.
— J.A. in Pensacola, Fla.
Dear Pensacola: No one can sound a warning as effectively as someone who has “been there,” and you certainly have. The idea that a wife who is a homemaker should be covered by insurance may seem like a needless luxury, but you have pointed out that it could be a godsend. Thank you on behalf of all my readers who heard your wake-up call.

Take a look at another Dear Ann Landers about the importance of life insurance.
And here’s another-

Life insurance is money well spent

Dear Ann Landers:
I am a 48-year-old widow with four children.  My husband died suddenly of a heart attack last year.  Needless to say, this has been a very difficult time, but thanks to my husband’s loving foresight our family is doing well.
Throughout all the years of our marriage, in spite of tight budgets and financial difficulties, he maintained substantial life insurance policies on both his life and mine.  Even with my fulltime job, I would not have been able to manage had it not been for his insurance money.  At least our children’s grief over the death of their father was not compounded by the loss of their home and friends.
I am shocked by the number of women who have told me in confidence that they are concerned because their husbands have little or no life insurance.  They have two cars, a boat, and costly vacations.  They give their children music lessons, dancing lessons and orthodontic braces, but they ignore the possibility of what their children would do if the principal breadwinner were to die or become disabled.
Many people have small insurance coverage through their work and believe it is enough.  They need to wake up, Ann.  It cost me $15,000 just to bury my husband.  I’d hate to think of where I would be now if that dear man hadn’t loved us enough to make sure we were provided for after his death. – Carol in Martinez, Calif.
Dear Carol:

If ever there was a wake-up call, your letter is it.  Thank you for a letter that could make a big difference in the lives of my readers.  Reprint with permission

We hope you’ll write your about  your own experiences and enter lifeinsurancenoexam.biz “Why Life Insurance” Writing Contest.

• Why the Type of Life Insurance you Buy Doesn't Matter This is a guest post by Aaron, the president of Clarifinancial – the only way to get custom life insurance quotes from multiple agents anonymously. Because they let real life insurance agents compete for you without any unwanted phone calls or emails from agents, choosing from the competition is a......
• Is Life Insurance for Kids a Waste of Your Money? As a parent the two most important things you can do for your children is love them unconditionally and provide for them as best as you can. Of course there are a million other things that are important in the life of a family and sometimes it is hard to......
• Comparing Life Insurance Policies pt 2 Continued from part one. What are the advantages of this type of insurance? Term life insurance policies tend to be a lot less expensive in comparison to other types of insurances, including whole life insurance, universal life insurance and variable life insurance for example. Term life insurance also typically has......
• Smart Choices And Savings When Considering Life Insurance. Guest post by Charan Singh Every month almost one million Americans consider and purchase a new life insurance policy. In today’s economic environment, when consumers are often looking to reduce costs, what are the most affordable ways to protect a family? Life insurance is the foundation of a smart financial......
• Comparing Life Insurance Policies pt 4 Speaking of Variable Universal Life Insurance… What are the disadvantages of this type of insurance? As we said before, if you experience a significant drop in the value of your insurance account, you could actually be putting your insurance policy in jeopardy. If you end up with a significant drop......