Articles Editor's Blog Reader Mail

Life Insurance Byhalia MS

Do you have enough life insurance? Whether you are in a risky occupation or not, life insurance is part of a complete financial plan for everyone.

Mr. Matthew D. Yokie (RFC®), CEP, CSA
(901) 853-5507
10928 E Shelby Dr
Collierville, TN
Company
Provident Retirement Advisors
Qualifications
Education: BA
Years of Experience: 15
Membership
IARFC, SCSA, SCRFA, NICEP
Services
Invoice, Estate Planning, Portfolio Management, Pension Planning, Retirement Planning, Medicaid Planning, Tax Planning, Seminars Work, Stocks and Bonds, Mutual Funds, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Group Insurance, Charitable Planning, Education Plan, Charitable Foundations, Asset Protection

Data Provided by:
American National Insurance
(662) 236-4334
1124 North Lamar
oxford, MS
Alternate Phone Number
6622364334
Services
Insurance

Legacy Insurance Agency, PLLC
(228) 875-5545
2600 Government Stree
Ocean Springs, MS
 
American National
(601) 268-8882
4 Willow Bend Dr
Hattiesburg, MS
 
Alfa Insurance
(601) 924-6040
380 Highway 80 E
Clinton, MS
 
Mr. Garron Marcus Penland (RFC®), LUTCF
(404) 966-5616
609 Silverstone Dr
Madison, MS
Company
Penland Financial Group
Qualifications
Education: Graduate Anderson CollegeAmerican CollegeCurrently working on my ARM designation
Years of Experience: 16
Membership
IARFC
Services
Invoice, Business Planning, Portfolio Management, Executive Compensation Planning, personal Coach, Retirement Planning, Seminars Work, Employee Benefits, Stocks and Bonds, Mutual Funds, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Group Insurance, Auto Home Insurance, Business Coach, Healthcare Accounts, BuySell, LiabCover, Compensation Plans

Data Provided by:
Hammett Insurance
(601) 540-7760
171 Woodgate Dr.
Brandon, MS
Services
Independent Agent Health Life Auto Home

Laird Insurance
(601) 442-0621
118 S Wall St
Natchez, MS
 
United Seniors Med-Care
(662) 563-4666
12 Dell St
Batesville, MS
 
Alfa Insurance
(662) 245-0404
824 2nd Ave N
Columbus, MS
 
Data Provided by:

Life Insurance - Top Ten Most Dangerous Jobs

Provided By: 

Top Ten Most Dangerous Jobs

You might not think that you work in a dangerous job. You might just be surprised. However, according to the Bureau of Labor Statistics, the top 10 most dangerous jobs are:

  1. Timber cutters
  2. Airplane pilots
  3. Construction laborers
  4. Truck drivers
  5. Farm occupations
  6. Groundskeepers
  7. Laborers
  8. Police and detectives
  9. Carpenters
  10. Sales occupations

Groundskeepers? That one certainly wouldn't have been on any list of mine. Neither would sales occupations. After having worked in an office tower, Id have included window washers for sure. Which brings us to an important question; do you have enough life insurance? Whether you are in a risky occupation or not, life insurance is part of a complete financial plan for everyone. Having said that, if you're single and no one is depending upon your income for support, you probably don't need life insurance. But you should definitely have it if you fall into any of the following categories:

  • You're married and your spouse depends on your income
  • You have children
  • You have an aging parent or disabled relative who depends on your income
  • Your retirement savings, pension, or other cash accounts won't adequately support your loved ones after you die
  • You have a large estate and expect to owe estate taxes
  • You own a business

How do you figure out exactly how much you need? You can check out our insurance pages for more detail. Alternatively, you may want to contact an insurance agent or broker who can help you determine what type of life insurance is best for you and the amount of coverage you need.

Rule of thumb is that you should have enough life insurance to pay off your major debts. This would include your mortgage, your car loan and any other large outstanding loan (which could include credit cards). In addition, if you have children, you should factor in childcare for the surviving spouse and potentially money for college. If your spouse would not want to return to work while the children are young, you might have to factor in a living allowance for a number of years.

Keep in mind that every year your insurance needs could change. Perhaps you have a new addition to the family. Perhaps you've paid off the car loan. Maybe your oldest is now in college with a full scholarship. Review your life insurance coverage frequently and adjust as necessary. (This will be easier with term insurance than with whole life or other universal insurance .)

No matter...

Click here to read the rest of this article from Insurance Guide 101

About Us | Contact Us | Link to Us | Privacy Policy | Terms of Use | Insurance Resources | Sitemap