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Kubang
Yavvanam Kaatesina Bewarse
Username: Kubang
Post Number: 8556
Registered: 09-2011
Posted From: 161.141.1.1
Rating: N/A
Votes: 0 (Vote!) | | Posted on Monday, April 21, 2014 - 4:16 pm: |
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Bewarsegadu:meeru WILL raasaara?
Yes
Bewarsegadu:do we need to mention the insurance in the WILL amount also?
No
Sakkineni:Desi COnsultancy lo Insurance ante health yee kani ila life ki ivvaru
Okay.
here is simple formula you can follow: Let's say you are earning $100k/year, when you are gone (and those earnings) how much do your dependents need to maintain the present life style? If your answer is say $60k/year then your dependents need $1.2 million in insurance money assuming they can get 5% return in perpetuity. this is without inflation, if you factor in 2% per year inflation in living costs, your needs will escalate accordingly. I guess you get the picture. there is no one answer to your Q, it all depends on individual situation.
In my case, my company offers one time salary as basic coverage and allows up to 9 times salary if you pay the premium. I took maximum allowed.
Also don't forget to take ADD (accidental death or dismemberment) in addition to voluntary life insurance.
Ignorance is bliss
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Sakkineni
Pilla Bewarse
Username: Sakkineni
Post Number: 472
Registered: 04-2012
Posted From: 209.51.184.8
Rating: N/A
Votes: 0 (Vote!) | | Posted on Monday, April 21, 2014 - 2:11 pm: |
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Bewarsegadu:
Term ante say after 20 yrs paniki raddu ga uncle. |
Bewarsegadu
Kurra Bewarse
Username: Bewarsegadu
Post Number: 1576
Registered: 03-2013
Posted From: 68.229.205.162
Rating: N/A
Votes: 0 (Vote!) | | Posted on Monday, April 21, 2014 - 2:03 pm: |
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Sakkineni thammi
Term insurance is preferred - mana OT babai NYlife insurance or someother insurance gurinchi eppudo post vesaadu..
my company pays upto 100K insurance and i bought for 400K |
Sakkineni
Pilla Bewarse
Username: Sakkineni
Post Number: 471
Registered: 04-2012
Posted From: 209.51.184.8
Rating: N/A
Votes: 0 (Vote!) | | Posted on Monday, April 21, 2014 - 2:00 pm: |
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Last time Daddy India lo LIC agent dwara oka policy chepparu. Papers pampinchadu kani avi ikkada DR tho sign chepinchali, malli avi akkada chelavu ani annadu so inka lite teesukunna.
So ikkade edo okati set chesukunte better ani thinking |
Bewarsegadu
Kurra Bewarse
Username: Bewarsegadu
Post Number: 1575
Registered: 03-2013
Posted From: 68.229.205.162
Rating: N/A
Votes: 0 (Vote!) | | Posted on Monday, April 21, 2014 - 2:00 pm: |
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kubang saru
meeru WILL raasaara? do we need to mention the insurance in the WILL amount also? |
Sakkineni
Pilla Bewarse
Username: Sakkineni
Post Number: 470
Registered: 04-2012
Posted From: 209.51.184.8
Rating: N/A
Votes: 0 (Vote!) | | Posted on Monday, April 21, 2014 - 1:59 pm: |
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Kubang:
Desi COnsultancy lo Insurance ante health yee kani ila life ki ivvaru ga Uncle |
Kubang
Yavvanam Kaatesina Bewarse
Username: Kubang
Post Number: 8554
Registered: 09-2011
Posted From: 161.141.1.1
Rating: N/A
Votes: 0 (Vote!) | | Posted on Monday, April 21, 2014 - 12:49 pm: |
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Sakkineni:
depends on family situation. if you are married and have kids, don't think any less than $1 million. Don't they offer you insurance at your work? I mean basic insurance and then an option of buying extra?
Ignorance is bliss
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Maveric
Kurra Bewarse
Username: Maveric
Post Number: 4374
Registered: 01-2012
Posted From: 103.16.14.73
Rating: N/A
Votes: 0 (Vote!) | | Posted on Monday, April 21, 2014 - 12:25 pm: |
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Sakkineni:
.compulsary oka term insurance vunde la chusukovali... |
Tejag
Pilla Bewarse
Username: Tejag
Post Number: 41
Registered: 03-2014
Posted From: 208.247.73.130
Rating: N/A
Votes: 0 (Vote!) | | Posted on Monday, April 21, 2014 - 12:23 pm: |
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nenu statefarm lo vunnapuddu aa project ee nchesa life insurance.....company site loki velli chuste vuntundhi....normal ga good helath vunna vallaki 100k ki monthly 45 ala vuntundhi for 10 year term...we have different options, term ite 10 years, 20 years ala, and whole life, universwal life ela chala vuntaye....site loki velli mee bacis information iste it will give all quotes you are eligible for....once try to go to site and check then you can talk to agent..... |
Sakkineni
Pilla Bewarse
Username: Sakkineni
Post Number: 469
Registered: 04-2012
Posted From: 199.168.151.154
Rating: N/A
Votes: 0 (Vote!) | | Posted on Monday, April 21, 2014 - 12:09 pm: |
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Term ante oka 10,20 tarvatha ayipothundi Annai. Manaki use avudda adi |
Gaali
Celebrity Bewarse
Username: Gaali
Post Number: 39620
Registered: 03-2004
Posted From: 131.247.54.65
Rating: N/A
Votes: 0 (Vote!) | | Posted on Monday, April 21, 2014 - 11:22 am: |
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Ikkada usual ga term insurance teesukontaaru brother.
Be Positive!
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Sakkineni
Pilla Bewarse
Username: Sakkineni
Post Number: 468
Registered: 04-2012
Posted From: 209.51.184.8
Rating: N/A
Votes: 0 (Vote!) | | Posted on Monday, April 21, 2014 - 11:18 am: |
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Life Insurance plans ela choose chesukovali. OKa 250K ki chepidamu anukuntunna.
Manaki After some 20 yrs back return vache policies emayina vunnaya |
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