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Why Do I Need Life Insurance? Albany GA

The reasoning behind life insurance is most evident when you consider sole breadwinners, but applies to everyone who has dependents, even stay-at-home spouses. If you (as the stay-at-home spouse) were to suddenly die, your family would have to find other ways to: ensure care of children; get the family home cleaned; handle dry cleaning and laundry; do grocery shopping; and many other tasks which you currently handle.

TURNER FINANCIAL SERVICES - Herb Turner
(229) 435-1481
1277 Hwy 82 W
Leesburg, GA
 
Dr. Terry W. Barnhardt (RFC®), MBA, PHD
(706) 576-4422
1200 Brookstone Center Parkway S-101
Columbus, GA
Company
Summit Brokerage Services, Incorporated
Qualifications
Education: Doctorate in Finance
Years of Experience: 37
Membership
IARFC, MDRT
Services
Invoice, Estate Planning, Portfolio Management, Trustee Service, Pension Planning, Executive Compensation Planning, personal Coach, Retirement Planning, Seminars Work, Stocks and Bonds, Mutual Funds, CD Banking, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Group Insurance, Business Coach, Charitable Planning, BuySell, Compensation Plans

Data Provided by:
Mr. John R. Murray (RFC®), LUTCF
(912) 265-1932
PO Box 1733
Brunswick, GA
Company
John Murray & Associates Financial Group
Qualifications
Education: 31 Years in Public Accounting and Tax Services.20 Years in Insurance andFinancial Services.
Years of Experience: 25
Membership
IARFC, NAIFA
Services
Invoice, Estate Planning, Business Planning, Portfolio Management, Pension Planning, Executive Compensation Planning, personal Coach, Retirement Planning, Medicaid Planning, Tax Planning, Tax Returns, Seminars Work, Family Offices, Mortgage Loans, Annuities, Life Insurance, Long Term Care Insurance, Medical Insurance, Business Coach, Charitable Planning, Education Plan, Charitable Foundations, Asset Protection, BuySell, Compensation Plans

Data Provided by:
Bruce R. Farman (RFC®), CEP, CFP
(770) 631-4435
Magnolia Office Park
Fayetteville, GA
Company
Lincoln Financial Advisors
Qualifications
Education: BA - University of Georgia (1976);Certified Financial Planner (CFP) Designation (1987);Certified Estate Planner (CEP) Designation (1988); andRegistered Financial Consultant Designation (2004)
Years of Experience: 23
Membership
IARFC, NICEP
Services
Invoice, Portfolio Management, Pension Planning, Retirement Planning, Seminars Work, Employee Benefits, Stocks and Bonds, Mutual Funds, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Education Plan, Compensation Plans

Data Provided by:
James R. Faucett (RFC®), CSA
(478) 329-8564
601 Russell Pkwy Ste B
Warner Robins, GA
Company
Personal Wealth Management
Qualifications
Education: BS
Years of Experience: 18
Membership
IARFC, SCSA, NAIFA
Services
Invoice, Estate Planning, Retirement Planning, Stocks and Bonds, Mutual Funds, CD Banking, Annuities, Life Insurance, Long Term Care Insurance, Compensation Plans

Data Provided by:
Mr. John E. Redfearn (RFC®), CFP, CHFC, CLU, CSA
(678) 579-0488
7000 Central Pkwy. NE
Atlanta, GA
Company
MD Planning Group, LLC
Qualifications
Education: BA, MEd, MA (Bus Admin)
Years of Experience: 17
Membership
IARFC, MDRT, FPA, SFSP
Services
Invoice, Estate Planning, Business Planning, Portfolio Management, Trustee Service, Pension Planning, Executive Compensation Planning, personal Coach, Retirement Planning, Seminars Work, Employee Benefits, Family Offices, Stocks and Bonds, Mutual Funds, Mortgage Loans, CD Banking, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Group Insurance, Auto Home Insurance, Business Coach, Charitable Planning, Education Plan, Healthcare Accounts, Asset

Data Provided by:
Mr. Todd H. Martin (RFC®), CLU
(912) 352-9644
315 Commercial Dr, Ste A-4
Savannah, GA
Company
Martin Financial Group, LLC
Qualifications
Years of Experience: 7
Membership
IARFC, MDRT, SFSP, NAIFA
Services
Invoice, Business Planning, Retirement Planning, Annuities, Life Insurance, Long Term Care Insurance, BuySell

Data Provided by:
Jonathan Neal
5425 Peachtree Parkway
Norcross, GA
Company
Company: CCG
Service
Annuities,Long-Term Health Care Planning,Business Succession & Liquidation Planning,Retirement Income Distribution Planning,Hourly Financial Planning Engagements,Life Insurance,Investment & Portfolio Management,Annuity Ideas & Strategy Planning,Estate Tax Planning,Asset Protection Strategies & Planning,Retirement Planning,Investment Consulting & Allocation Design,Insurance & Risk Management Planning,Retirement Income Accumulation Planning,Fee-Only Comprehensive Financial Planning

Data Provided by:
Daniyal Inamullah
4751 Best Road
Atlanta, GA
Company
Company: Waddell & Reed
Type
Investment Advisor Rep: Yes
Registered Investor: Yes
Education
Emory University/BA Economics
Service
Stock Market Alternative,Alternative Investments,Annuities,Alternative Asset Class Planning,Insurance & Risk Management Planning,Retirement Income Accumulation Planning,Individual Income Tax Planning,IRA, 401k, Roth IRA, QDRO Rollovers,Wealth Management,Life Insurance,Investment & Portfolio Management,Annuity Ideas & Strategy Planning,Retirement Income Distribution Planning,Education Funding & Financial Aid Planning,401k Rollover From Employer,Income for Life/ Preserve Principal,Disability Insur

Data Provided by:
Noah Reichert
2450 Atlanta Hwy
Cumming, GA
Company
Company: North Georgia Investment Planning LLC
Education
Georgia State University/BS PUblic and Urban Affairs
Georgia State University/MBA in Finance
Years Experience
Years Experience: 5
Service
Real Estate Investment Planning,Annuity Ideas & Strategy Planning,Planning For Personal Finances & Budgeting,Estate Tax Planning,Asset Protection Strategies & Planning,Fee-Only Comprehensive Financial Planning,401k Rollover From Employer,Wealth Management,Disability Insurance,Annuities,Alternative Asset Class Planning,Investment Consulting & Allocation Design,Insurance & Risk Management Planning,Retirement Income Accumulation Planning,Individual Income Tax Planning,Pension for Highly Compensated

Data Provided by:
Data Provided by:

Why Do I Need Life Insurance?

Provided By: 

Why Do I Need Life Insurance?

You need life insurance in order to ensure that your loved ones can cope financially with your loss. That's the bottom line.

The reasoning behind life insurance is most evident when you consider sole breadwinners, but applies to everyone who has dependents, even stay-at-home spouses. If you (as the stay-at-home spouse) were to suddenly die, your family would have to find other ways to: ensure care of children; get the family home cleaned; handle dry cleaning and laundry; do grocery shopping; and many other tasks which you currently handle. While your services appear to be 'low cost' because no one is paying you directly, if your family has to replace you with paid help you will quickly see your 'value'.

In addition, funerals are expensive. An average funeral can set you back between $8,000 and $10,000 considering the funeral home services, casket, burial plot and headstone. This is part of what you want to insure yourself against. You can bundle in these costs when you consider a life insurance policy's total benefit amount that you insure yourself for.

While you can buy life insurance policies which are a small amount suitable only to cover funeral costs, you will generally need much more life insurance than that. Many of these life insurance policies look good because of low prices, but you have to look closely. For the dollar amount of coverage you get, it is generally a more expensive life insurance policy.

Some people who...

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