How much life insurance should we get?

How much life insurance should we get?

How much life insurance should we get?

My husband and I both work; our income split is about 60/40, he being the higher paid. We will both turn 50 within the next year. No children living at home. No substantial debt: Car loan: $185 monthly Student loan: $102 monthly Mortgage: $2,000 monthly No other debt. We never carry a credit card balance. We have about 3 months worth of savings in the bank. Should I base our life insurance on how much we make, how much we have in debt or both? We are living paycheck to paycheck, and if either one of us were to die suddenly, the other would only have a few months to sell the house before we could no longer make the payments. In this market, I don’t think that’s realistic. I was thinking that we would need enough to pay for a funeral, pay off the smaller two loans, and still have enough to live on for at least a year if the house doesn’t sell. Does that sound right? Or should we not worry about paying off the loans…just calculate enough to replace the other’s income for XX many months? If so, how many months should we plan for? Finally, at what rate is life insurance taxed? Is it added to your income and then taxed at the rate for your total income for the year? or is there a flat rate tax? (I think I know the answer to this one, but I want to make sure).

BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes


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I know im very stupid. got caught driving a car without a license with means i didn’t have a insurance a. I was wonder whats the punishment.?

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Insurance question I need help with, any help would be great?

I need some help here… The question is Hans sells his car to Pieter and now has no car and no need of auto insurance. Hans calls his State Farm agent to tell him to transfer his auto insurance to Pieter. The agent tells Hans: A. The transfer will not take place until that night at 12:01 AM B. That Hans will need to put Pieter on his policy as an additional driver C. That Hans must keep paying the premium until the end of the policy period. D. That he cannot transfer the policy to Pieter. E. None of the above. Im pretty sure B and C are incorrect, but otherwise I have no clue. Any help would be greatly appreciated!


Im a teen and I Need my license but insurance is getting in the way?

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Does it cost anything to add someone to your insurance policy?

BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes

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If you have insurance on a car, is the car covered in a wreck no matter who’s driving it?


Motorcycle insurance for an 18 year old?

I’m 18 and I want to buy a 1984 900cc kawasaki ninja motorcycle. I have an 84 camaro and I’m on my dad’s insurance which means it’s only around $80 a month. He is 50 and has alot of experience with motorcycles. I know that insurance is sky-high when your under 25 so my question is, if I’m on my dads insurance will it be cheaper like it is on my car or will it be just as expensive?


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How much life insurance should we get?

My husband and I both work; our income split is about 60/40, he being the higher paid. We will both turn 50 within the next year. No children living at home. No substantial debt: Car loan: $185 monthly Student loan: $102 monthly Mortgage: $2,000 monthly No other debt. We never carry a credit card balance. We have about 3 months worth of savings in the bank. Should I base our life insurance on how much we make, how much we have in debt or both? We are living paycheck to paycheck, and if either one of us were to die suddenly, the other would only have a few months to sell the house before we could no longer make the payments. In this market, I don’t think that’s realistic. I was thinking that we would need enough to pay for a funeral, pay off the smaller two loans, and still have enough to live on for at least a year if the house doesn’t sell. Does that sound right? Or should we not worry about paying off the loans…just calculate enough to replace the other’s income for XX many months? If so, how many months should we plan for? Finally, at what rate is life insurance taxed? Is it added to your income and then taxed at the rate for your total income for the year? or is there a flat rate tax? (I think I know the answer to this one, but I want to make sure).

BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes


I need good, affordable health insurance. Any suggestions? Do any exist specifically for Nursing students?

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How do doctors actually pay for liability insurance?

On studentdoc.com, the salary survey stated that the average OB/GYN made roughly $238000 a year, but some sites I have looked at show that they also pay $50000 a year (in florida, that rises to $100000) for malpractice insurance. Even for other practices, such as pediatrics and internal medicine, the rate is usually $30000+. This is a huge amount of money and really, after paying student loans, mortgages, taxes, and etc, how much money do doctors actually take home? Surely not all doctors actually pay for their premiums. Specifically, how much would a pediatric surgeon pay in malpractice insurance in California or Illinois? Just some food for thought.


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Can i be sued by the owners insurance co for fire damage to a rental property if there is no proof of cause?

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I am a new driver with insurance queries.can anyone help me?

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Is there a Health care or insurance convention in Las vegas right now?

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How much life insurance should we get?

My husband and I both work; our income split is about 60/40, he being the higher paid. We will both turn 50 within the next year. No children living at home. No substantial debt: Car loan: $185 monthly Student loan: $102 monthly Mortgage: $2,000 monthly No other debt. We never carry a credit card balance. We have about 3 months worth of savings in the bank. Should I base our life insurance on how much we make, how much we have in debt or both? We are living paycheck to paycheck, and if either one of us were to die suddenly, the other would only have a few months to sell the house before we could no longer make the payments. In this market, I don’t think that’s realistic. I was thinking that we would need enough to pay for a funeral, pay off the smaller two loans, and still have enough to live on for at least a year if the house doesn’t sell. Does that sound right? Or should we not worry about paying off the loans…just calculate enough to replace the other’s income for XX many months? If so, how many months should we plan for? Finally, at what rate is life insurance taxed? Is it added to your income and then taxed at the rate for your total income for the year? or is there a flat rate tax? (I think I know the answer to this one, but I want to make sure).

BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes


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California DUI under 18 years old?

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Insurance estimates on these four cars?

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BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes


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How do you reach a deductible when it comes to health insurance? Does that mean money out of pocket?


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If my car insurance gets canceled b/c of late payments?

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BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes

Can my 17 year old get a car loan?

I have a 17 year old daughter and want to know if she can get a car loan in her name? Yes she is employed and works about 30 hours a week, if so what all would she need to do?


How much life insurance should we get?

My husband and I both work; our income split is about 60/40, he being the higher paid. We will both turn 50 within the next year. No children living at home. No substantial debt: Car loan: $185 monthly Student loan: $102 monthly Mortgage: $2,000 monthly No other debt. We never carry a credit card balance. We have about 3 months worth of savings in the bank. Should I base our life insurance on how much we make, how much we have in debt or both? We are living paycheck to paycheck, and if either one of us were to die suddenly, the other would only have a few months to sell the house before we could no longer make the payments. In this market, I don’t think that’s realistic. I was thinking that we would need enough to pay for a funeral, pay off the smaller two loans, and still have enough to live on for at least a year if the house doesn’t sell. Does that sound right? Or should we not worry about paying off the loans…just calculate enough to replace the other’s income for XX many months? If so, how many months should we plan for? Finally, at what rate is life insurance taxed? Is it added to your income and then taxed at the rate for your total income for the year? or is there a flat rate tax? (I think I know the answer to this one, but I want to make sure).


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BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes


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How does the rest of the world manage to have health care that doesn’t destroy their entire nation and citizens’ way of life?

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How can I make my car insurance quotes cheaper?

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BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes


Can anyone recommend a good, trusted car insurance company in Southern California (Los Angeles)?

Can anyone recommend good/trusted car insurance companies in Southern California (Los Angeles)? I just moved to Los Angeles from the East coast so I am not familiar with the local car insurance companies. I have had Geico for the past 6 months but I’m not sure if I want to stay with Geico. The customer service people are kind of rude.


How much life insurance should we get?

My husband and I both work; our income split is about 60/40, he being the higher paid. We will both turn 50 within the next year. No children living at home. No substantial debt: Car loan: $185 monthly Student loan: $102 monthly Mortgage: $2,000 monthly No other debt. We never carry a credit card balance. We have about 3 months worth of savings in the bank. Should I base our life insurance on how much we make, how much we have in debt or both? We are living paycheck to paycheck, and if either one of us were to die suddenly, the other would only have a few months to sell the house before we could no longer make the payments. In this market, I don’t think that’s realistic. I was thinking that we would need enough to pay for a funeral, pay off the smaller two loans, and still have enough to live on for at least a year if the house doesn’t sell. Does that sound right? Or should we not worry about paying off the loans…just calculate enough to replace the other’s income for XX many months? If so, how many months should we plan for? Finally, at what rate is life insurance taxed? Is it added to your income and then taxed at the rate for your total income for the year? or is there a flat rate tax? (I think I know the answer to this one, but I want to make sure).


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Can I have two cars and only have one insured?

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