Single with no children? Consider life insurance

By Michelle Matlock, Life Quotes, Inc.

If you were to ask a single person if they have purchased life insurance, don’t be surprised if they look at you blankly. It’s true that singles who are young and healthy rarely think about their own mortality yet alone life insurance, but here are some sobering facts:

The top leading causes of death for people between the ages 20 to 34 in the United States in December 2009, were accidents, suicide, homicide, cancer, diseases of the heart and HIV, according to the most recent mortality data issued by the National Vital Statistics System.  

Tom Currey, President of the National Association of Insurance and Financial Advisors (NAIFA) understands this trend.

“The fact is, young people don’t feel they need life insurance,” says Currey. “It’s better to take a longer view because if you decide to get married in your thirties, you could have a health condition by then that may affect your life insurance rates. Also, you would not want the financial burden of your burial to fall on your family in the event of your death.”

Term is best

A 2006 survey by the National Association of Insurance Commissioners (NAIC) found that 35 percent of young singles have a life insurance policy. In addition, only 28 percent know the difference between term and whole life, while 27 percent are aware that buying life insurance now will guarantee coverage when they get older.

“Young singles should consider at the very least purchasing a term policy with guaranteed renewal,” suggests Al Lurty, Senior Vice President of Business Development at ING. “Term life insurance is still very affordable even though there has been a slight upward movement in rates recently. You can get

Quit Drinking Alcohol For Health And Safety Of Their Children

Parents who really love their children are willing to give up something which they really love and enjoy themselves for the health and safety of their children. Young people need parents to direct them and help them make good decision. There is no question in the idea of parents abstaining. The conclusion on one of the study is alcohol use by young people is dangerous not only because of the risk but also for the acute impairment associated with it. Programs are being made and young people are really being educated about the dangers of drinking alcohol.

Encouraging parents not to choose drinking alcohol is the good idea. The patterns and consequences of the youth drinking are closely related to the patterns of the drinking in home and society. The best way to help our youngsters not to choose drinking is to teach adults not to drink alcohol. Parents should choose not to drink alcohol is because: Model is the best teacher and a double standard doesn’t work.

Telling a child not to drink until they grow is one of the deactivating solutions which teach them drinking is ok and then they wait for that magical age where they can drink. The first drink can be the banging of alcoholism. Half of the children who have drinking in their family can become alcoholic. As parent, we need to teach our children to live naturally. They need to understand the meaning of health life to live happily and we or parents are the major contributor for that. Good parents set good example for their children so that they can teach them good things in life.