Date: 2012-11-09 03:06 pm (UTC)
From: [identity profile] write-light.livejournal.com
That's a little misleading - I'm not sure any life insurance would fully replace a father's salary and benefits over a long term.

Date: 2012-11-09 04:49 pm (UTC)
From: [identity profile] arcane-nitehawk.livejournal.com
You'd be surprised how far a life insurance policy can go once it's converted into an annuity. When I was trained in selling life insurance for a family with kids we calculated coverage so that the annuity would provide 80% of the main earners income until the youngest turned 18.

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