Page 17 - Life Assurance

- The sum necessary to continue a monthly
income to the widow for the remainder of her
life, beginning after the family-raising.

- To provide a college education for two
children (taking in consideration the school
selected and the spending habits of the children)
might be needed.

These needs total a minimum figure as an
estimate of the value lost when a breadwinner
dies.

The following are examples of needs for
income and cash, which the life insurance
estimate may fill:

2- Income Needs:

- Family income during child-raising period
- Income to remaining spouse for life
- Retirement income for insured

3- Cash Sum Needs:

- Death expenses (funeral, doctor bills, debts,
cemetery lot, taxes, etc).

- Mortgage redemption
- College education fund

Life21/life/life08

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