Resolve to Protect Your Family's Future in 2012

EL DORADO HILLS, Calif., Dec. 20, 2011 /PRNewswire/ -- As 2011 winds to a close and we look optimistically to the New Year, you've likely already begun considering your list of resolutions for 2012.  One thing you should carefully consider—how will you ensure your family's financial security in this questionable economic environment as we enter the New Year?

Even in the economic downturn, there is plenty to be thankful for these days.   Life expectancy in the United States has reached an all-time high, the Centers for Disease Control and Prevention reported earlier this year.  Even with this optimistic news, it's important to be prepared to financially secure your family's future if something were to happen to you or your spouse unexpectedly.

"Resolve today to safeguard your family's future with a comprehensive life insurance policy," said Gary Lardy, insurance expert and CEO of IntelliQuote (www.intelliquote.com).  "As Americans live longer lives, it's important to evaluate your current life insurance policy each year, and determine if it provides appropriate coverage to maintain your lifestyle now and through your retirement years."

How Much Insurance is Enough for 2012 and Beyond?

Depending on your personal assets, you will need to determine if you have enough savings, assets, whole life or term life insurance to sustain your family's standard of living if one or more incomes were suddenly gone.

A life insurance needs analysis calculates your net contribution to your family's standard of living by subtracting your present value of future tax payments and living expenses, from your current earnings. The net contribution is then compared with the anticipated needs of potential survivors, including mortgage payments, household and other expenses.  Your analysis should consist of evaluating your family's current cost of living and future needs, putting together your personal financial information and estimating contributions available from each family member to meet current and future financial obligations.

With this information in hand, you're now ready to enlist the assistance of a life insurance needs calculator, such as the one available at IntelliQuote.com, to help you determine how much life insurance coverage—in particular, term life insurance— you should consider purchasing.  Simply click here for more information: Life Insurance Needs Calculator.

"Creating a sound life insurance plan to protect your family requires a yearly evaluation of your current coverage to ensure any changes in your lifestyle, health and finances have been addressed," said Lardy.  "As we prepare for the New Year, taking positive action to be certain your family can always live the lifestyle they've enjoyed will give you peace of mind throughout the year."

ABOUT INTELLIQUOTE

A leading online life insurance agency since 1997, IntelliQuote provides customers simplified, private access to compare, shop and buy life insurance online, including term life insurance quotes.  IntelliQuote offers clients a wide selection of competitive products from A-rated carriers, supported by licensed agents. This simplified approach makes purchasing a policy easy and straightforward while providing a savings of up to 70% per policy. IntelliQuote is a member of the LIFE Foundation and is committed to ongoing consumer education. For information on how to estimate how much coverage an individual might need, visit www.intelliquote.com.

For more information, contact www.intelliquote.com, or 888.883.6855.

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Gary Lardy
https://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=95233

SOURCE IntelliQuote