tailieunhanh - Rich in America Secrets to Creating and Preserving Wealth PHẦN 7

Nói cách khác, một không có con 60-năm-tuổi kết hôn với nam làm $ 50,000 mỗi năm và thuê một căn hộ nhỏ có thể sẽ được chuyển xuống với một $ 10 triệu, chính sách 10year cấp hạn (giả sử ông có thể đủ khả năng phí bảo hiểm) kể từ khi rõ ràng ông đã không cần số tiền này của bảo hiểm nhân thọ. | Insurance 143 which you the insured provided them during your life . Bear in mind that you may not be able to purchase all of the insurance you might want and can afford because ultimately the life insurance carrier or rather its underwriting department will determine the amount of coverage you will be permitted to obtain. In other words a childless 60-year-old married male making 50 000 per year and renting a small apartment will probably be turned down for a 10 million 10year level-term policy assuming he could afford the premiums since clearly he has no need for this amount of life insurance. Of course life insurance planning is different for high-net-worth individuals. A needs analysis may not be an appropriate method for determining the amounts and types of coverage needed since there may be no actual need at all but rather a desire. For instance let s say you are 35 years old married with two children each under 5 years old. You live in a 1 million home with a 500 000 mortgage earn 1 million a year and have saved 3 million. Clearly you are very successful. How much life insurance do you need How much life insurance do you want This scenario is very different from the situation faced by an older middle-class couple who does not earn a million dollars per year and who has not accumulated as much in savings. The planning and analysis that go into determining the type and amount of coverage that would be appropriate for these people would be quite different from those to determine a millionaire s coverage needs. Here are some situations in which you as a high-net-worth individual might require life insurance planning If you are the income beneficiary of a large trust that does not continue for your spouse or other dependents after your death. If you have an annuity or pension payment that does not continue for your spouse or other dependents after your death. If you have an illiquid estate and your heirs therefore have insufficient liquidity to live and to pay .