Today more than 100 personal finance bloggers are offering the
same great advice: Buy life insurance. They're spreading the word
as part of the Life Insurance Movement.
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Certified financial planner Jeff Rose created the movement to
raise awareness about the importance of having enough life
insurance coverage to protect your family financially if something
were to happen to you. He writes on his blog,
Good Financial Cents
, about a client who was left struggling financially after her
husband died because he did not have a life insurance policy.
Even when people do buy life insurance policies, they often
don't get enough coverage, he says. Or they make the mistake of
only having a policy provided through work. When they leave their
job, they're no longer covered. Read more about the
Life Insurance Movement
on Rose's blog. And see what some of the bloggers participating in
the movement have to say about the importance of life
insurance:
Insurance for the Rainiest of Days
[See Debt Run]
"If like me, you have difficulty thinking or talking about death,
you have to be willing to put that aside long enough to understand
the importance of having life insurance."
Why Young Families Need Life Insurance More Than
Anyone
[The College Investor]
"Life insurance is probably the most valuable financial product
that a young family can buy. Why? Because life insurance is
designed to provide financially should something happen to you or
your spouse."
Why Life Insurance Is Important for My Family
[One Money Design]
"I feel like I've done an important thing to protect my wife and
kids.They won't have to worry about paying for my funeral, and they
can have peace in knowing they are supported for years if I were to
pass away."
Life Insurance: What to Consider Before Replacing
a Policy
[Wise Bread]
"Replacing a policy with a seemingly better one is not like
switching banks to get a higher rate on a savings account."
Insure.com has a complete
list of Life Insurance Movement participants
. You can visit these sites to read more about life insurance. If
you have questions about life insurance, you can join the chat with
Jeff Rose and other life insurance experts on the
Bankrate.com Facebook page
at 3 p.m. ET. You also can follow the movement on Twitter with the
hashtag #LifeAWARE.
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