Do You Really Need Life Insurance?
By Mike Mahoney
5/5
()
About this ebook
Many people suspect they need some life insurance but they hesitate to move ahead for a couple of very common reasons. First, making a life insurance plan means acknowledging your own mortality and no one likes to do that. Second, although most people know the mortgage and bills should be covered, beyond that they simply don't know how to proceed so nothing gets done. This book addresses both reasons by first having the reader role-play his or her own untimely demise, then guiding you step by step through the process of determining the actual amount of life insurance you need. In the end, the reader understands exactly how much insurance they need and won't be tempted to purchase some other amount or type of insurance simply because some salesperson insists on another plan. Knowing how to make these calculations gives you the confidence to complete this critical part of your financial planning without relying on others.
Mike Mahoney
Mike Mahoney currently lives in the Northwestern US.. He has a varied background and has worked in the newspaper, broadcast and insurance industries. He is currently working on a novel which will be available on Smashwords as soon as it is finished.
Read more from Mike Mahoney
Secrets to Settling Your Insurance Claim Rating: 5 out of 5 stars5/5Secrets to Saving Money on Auto Insurance Rating: 0 out of 5 stars0 ratings
Related to Do You Really Need Life Insurance?
Related ebooks
Short and Simple Guide to Life Insurance Rating: 3 out of 5 stars3/5Principles of Principled Life Insurance Selling Rating: 5 out of 5 stars5/5How To Make A Million Dollars Selling Life Insurance: How To Achieve Financial Success Rating: 5 out of 5 stars5/5Insurance Made Easy: A Comprehensive Roadmap to the Coverage You Need Rating: 5 out of 5 stars5/5Shoes of a Life Insurance Salesman Rating: 5 out of 5 stars5/5Insurance Basics Rating: 4 out of 5 stars4/5Business without Capital: Insurance Selling Rating: 4 out of 5 stars4/5Life insurance Complete Self-Assessment Guide Rating: 0 out of 5 stars0 ratingsGame Changers: 7 Things Every Financial Advisor Needs to Know Rating: 4 out of 5 stars4/5Life, Accident and Health Insurance in the United States Rating: 5 out of 5 stars5/5Life Insurance Advice Guide: Tips for Saving Money Rating: 0 out of 5 stars0 ratingsThe Basics of Life Insurance: The Answer to What Life Insurance is and How It Works: Personal Finance, #1 Rating: 0 out of 5 stars0 ratingsPersuasive Selling for Relationship Driven Insurance Agents Rating: 5 out of 5 stars5/5So, I'm An Insurance Agent...Now What? Rating: 4 out of 5 stars4/5Online Insurance - What Do Customers Think? Rating: 0 out of 5 stars0 ratingsLife Insurance Rating: 5 out of 5 stars5/5Selling Insurance with Nlp: Advance Psychological Techniques for Creating Sales Breakthroughs Rating: 3 out of 5 stars3/5Questions and Answers on Life Insurance: The Life Insurance Toolbook (Fifth Edition) Rating: 0 out of 5 stars0 ratingsProtect and Provide: Customer-Centric (and Compliant) Insurance Sales Rating: 0 out of 5 stars0 ratingsHand Book for Insurance Agents Rating: 5 out of 5 stars5/5Getting “Yes” Decisions: What insurance agents and financial advisors can say to clients. Rating: 4 out of 5 stars4/5Suitability of Annuity and Life Insurance Transactions for Seniors Rating: 0 out of 5 stars0 ratingsHow to Sell Long-Term Care Insurance: Your Guide to Becoming a Top Producer in an Uptapped Market Rating: 0 out of 5 stars0 ratingsSymmetry Financial Group: How to Sell Mortgage Protection Insurance and Make Money Doing It! Rating: 5 out of 5 stars5/5The Hidden Value in Your Life Insurance: Funds for Your Retirement Rating: 0 out of 5 stars0 ratingsShift: Digital Marketing Secrets of Insurance Agents and Financial Advisors Rating: 0 out of 5 stars0 ratingsHow I Built a $37 Million Insurance Agency In Less Than 7 Years Rating: 5 out of 5 stars5/5Why the F Do I Need Life Insurance? Rating: 0 out of 5 stars0 ratingsThe Best Practices Of Successful Financial Advisors Rating: 0 out of 5 stars0 ratings
Business For You
The Richest Man in Babylon: The most inspiring book on wealth ever written Rating: 5 out of 5 stars5/5Law of Connection: Lesson 10 from The 21 Irrefutable Laws of Leadership Rating: 4 out of 5 stars4/5Crucial Conversations Tools for Talking When Stakes Are High, Second Edition Rating: 4 out of 5 stars4/5Crucial Conversations: Tools for Talking When Stakes are High, Third Edition Rating: 4 out of 5 stars4/5Nickel and Dimed: On (Not) Getting By in America Rating: 4 out of 5 stars4/5Capitalism and Freedom Rating: 4 out of 5 stars4/5Becoming Bulletproof: Protect Yourself, Read People, Influence Situations, and Live Fearlessly Rating: 4 out of 5 stars4/5Leadership and Self-Deception: Getting out of the Box Rating: 4 out of 5 stars4/5Just Listen: Discover the Secret to Getting Through to Absolutely Anyone Rating: 4 out of 5 stars4/5Summary of J.L. Collins's The Simple Path to Wealth Rating: 5 out of 5 stars5/5Confessions of an Economic Hit Man, 3rd Edition Rating: 5 out of 5 stars5/5Set for Life: An All-Out Approach to Early Financial Freedom Rating: 4 out of 5 stars4/5Collaborating with the Enemy: How to Work with People You Don’t Agree with or Like or Trust Rating: 4 out of 5 stars4/5Emotional Intelligence: Exploring the Most Powerful Intelligence Ever Discovered Rating: 5 out of 5 stars5/5The Five Dysfunctions of a Team: A Leadership Fable, 20th Anniversary Edition Rating: 4 out of 5 stars4/5Summary of Eve Rodsky's Fair Play Rating: 2 out of 5 stars2/5Tools Of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers Rating: 4 out of 5 stars4/5Lying Rating: 4 out of 5 stars4/5How to Grow Your Small Business: A 6-Step Plan to Help Your Business Take Off Rating: 0 out of 5 stars0 ratingsThank You for Being Late: An Optimist's Guide to Thriving in the Age of Accelerations Rating: 4 out of 5 stars4/5The Catalyst: How to Change Anyone's Mind Rating: 4 out of 5 stars4/5Your Next Five Moves: Master the Art of Business Strategy Rating: 5 out of 5 stars5/5High Conflict: Why We Get Trapped and How We Get Out Rating: 4 out of 5 stars4/5Robert's Rules Of Order Rating: 5 out of 5 stars5/5The Intelligent Investor, Rev. Ed: The Definitive Book on Value Investing Rating: 4 out of 5 stars4/5Robert's Rules of Order: The Original Manual for Assembly Rules, Business Etiquette, and Conduct Rating: 4 out of 5 stars4/5
Reviews for Do You Really Need Life Insurance?
1 rating1 review
- Rating: 5 out of 5 stars5/5Short, easy-to-follow and realistic examples regarding real life scenario of calculating life insurance need
Book preview
Do You Really Need Life Insurance? - Mike Mahoney
DO YOU REALLY NEED LIFE INSURANCE?By
Mike Mahoney
The Insurance Geek
http://the-insurance-geek.com/
Do You Really Need Life Insurance?
Copyright © 2017 by Mike Mahoney
ISBN: 9781476038704
Published 2012 – Updated 2017
Cover Photo © iStockphoto.com/aimstock
Smashwords Edition, License Notes
This ebook is licensed for your personal enjoyment only. This ebook may not be re-sold or given away to other people. If you would like to share this book with another person, please purchase an additional copy for each recipient. If you’re reading this book and did not purchase it, or it was not purchased for your use only, then please return to Smashwords.com and purchase your own copy. Thank you for respecting the hard work of this author.
The 20 Minute University
The 20 Minute University was created based on the idea that many people need practical, useful information but don’t necessarily want to know every detail or spend days reading a manual or text book. With that in mind, our authors address a topic directly, succinctly and aim to write an ebook that the average reader can finish in 20 to 30 minutes. The goal is to enable to reader, at the completion of the ebook, to address the subject competently.
TABLE OF CONTENTS
Introduction
Chapter 1: Does Your Death Financially Impact Anyone?
Chapter 2: Who Do You Love?
Chapter 3: What Type of Life Insurance Should You Buy?
Chapter 4: How Much Insurance Do You Really Need?
Chapter 5: Cash Needs
Chapter 6: Income Needs
Chapter 7: Other Assets
Chapter 8: Put It All Together
About the Author
Introduction
Over the years, I have found that many people start their conversation about life insurance with one of several questions or misconceptions. This book will address these conversations and more.
The first question people often ask inspired the title of this book: Do I even need any life insurance?
The fact is that most people do need some, but there are certainly situations where it