Clearly you’re concerned about protecting those who depend on you; however, today you feel you only want coverage for a limited period of time. Based on your answers, a term life insurance policy with the option of future conversion should be considered based on your answers. The next section will help you understand which permanent policy you may want to consider converting to in the future.
You recognize the importance of owning life insurance throughout your entire life; however, you also acknowledge that your biggest concern is protecting those who depend on you during your working years. Life insurance products with mostly term insurance and a small amount of permanent insurance should be considered based on your answers.
Your answers show that you appreciate both the benefits of permanent insurance and term insurance. Life insurance products consisting of equal amounts of term and permanent protection should be considered based on your answers.
Protecting those who depend on you for your entire lifetime — regardless of how long you may live — is most important to you. Your preferences indicate that life insurance products consisting mostly of permanent insurance should be considered based on your answers.
You want lifetime protection, to leave a legacy and to protect your spouse’s retirement income. A permanent life insurance policy should be considered based on your answers.