1)     You decide how your estate will be distributed. 2) You decide who will take care of your minor children. 3) To avoid a lengthy probate process. 4) You decide who will wind up the affairs of your estate. 5) You can disinherit individuals who would otherwise stand to inherit. 6) Make gifts and donations 7) Because you can change your mind if your life circumstances change. 8) Because tomorrow is not promised.

Guys, I thought i should share the history of life insurance since people often have misconceptions about its purpose. Hope you can take the time to enjoy this short clip.

This was certainly a blast from the past. Little did I know that this would have had such immense impacted my life . Enjoy and sing along.

                  So you’ve made the decision to purchase life insurance. Then you ask your agent how much you need. Unfortunately, there’s no one size meets all when calculating coverage amount. You can start by taking a look at the following tips. Consider Your Annual Salary If your family depends on you for financial support, consider life insurance to replace your income. It is usually recommended to have coverage to cover the expenses until your youngest child reaches 18 years. Many experts recommend you have coverage that’s at least five to seven times your annual gross salary. It really depends on your family's situation and your individual needs. It’s important to take into consideration how much your family will need to get by … and for how long. Look at Your “Hidden” Benefits Consider additional life insurance which you love ones may inherit from company plans. Usually group plans have life insurance coverage which p...

Lets talk about affordability. I will never forget the look on my clients face when I tell them that $1,000,000 term life will cost them as little as $250 monthly. Unbelievable isn't it? Lets compare that cost shall we. That's less than - a full tank of gas that will probably last 8 days. - approximately two café latte per week at Starbucks - cable bill - internet bill - tickets and popcorn for two at IMAX    I guess you get the picture. When we look back at the small amounts we spend on trivial items why not consider how  $1,000,000  would benefit your spouse, children or elderly parent if you were taken too soon.

As you all know its mandatory to have motor insurance once you own a vehicle, yet people still shy away from owning life insurance. Lets say an accident does occur and both the car and life is lost. Will a family find comfort in a replacement car while they mourn the passing of their loved one.                             What's your thoughts on this?       I'll love to know ,place your comments below.