May 28, 2025
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It’s Not Too Late – There is No Better Time Than Now
Twenty years ago, my clients made a sound financial decision. They purchased a 20-year term life insurance policy on the husband, designed to cover their mortgage and provide the equivalent of one year’s salary—just enough to give the family breathing room if the husband (the primary bread winner) died. A smaller term policy was taken out on the wife. At the time, this seemed sufficient. Based on their family health histories, they believed the policies would outlast them.