Closing Questions

Question 1

Closing Term Insurance

Answer 1

1. Which is of higher concern to you, the cost of the insurance or the amount of protection for your family?
2. Would you want to cover your children as well, or just you and your spouse?
3. If you qualify and everything goes as planned, would you be making an annual contribution or monthly?
4. A 20 year term would take you to age ____ and a 30 year would take you to age _____. Which seems to make the most sense to you?
5. According to the DIME method your coverage need is _______. So, looking at some quotes: $500k would be $35/mo, $550 would be $39, and $600k would be about $5 more per month. Which do you feel is best for your family?
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