Great Advice From Around the Web

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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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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Personal Finance , Insurance

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