1. 12689 POINTS
    Ted Ratliff
    Owner, SFS Associates,
    Each person has different needs and situations that make it impossible to answer this question definitively.  You need to analyze things like final expense needs, debt, income, assets you wish to protect or pass to your heirs, estate issues, estate taxes if any, and a variety of factors based on your situation.  Sit down with a good agent and have him do a complete fact find and estate analysis to come up with an affordable plan that covers your needs.
    Answered on June 21, 2013
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