The Term Insurance Buying Checklist
Buying term insurance is an “Income Protection” mission, not a tax-saving chore. If you pick a random “round number” for your cover, you are gambling with your family’s future lifestyle.
- The Reality Check: Learn why you don’t need insurance if nobody depends on your income, and why you must insure until retirement, not until age 99.
- The MWP Act Shield: The free “Iron Dome” that protects your payout from creditors and relatives.
- Rejection-Proofing: Why “social smoking” counts and how to use the Amount Settlement Ratio (ASR) to pick an honest insurer.
Watch this video for the “Hard Questions” you must ask your agent before you sign on the dotted line.