|
Reducing
your cost of insurance by 10% can
save you $87,822 over a period of 30
years...
Spend wisely and you could save
years of salary earnings!
Have you ever added up how much you
pay in a year for insurance? An
average household could easily pay:
$1,300 for auto insurance
$500 for house insurance
$800 for life insurance
$2,400 for health insurance
$400 for mortgage insurance
$600 for dental insurance
$6,000
total per year
Comparison shop and save...
$87,822
saved by reducing insurance costs
10%
$131,734
saved by reducing insurance costs
15%
$175,645
saved by reducing insurance costs
20%
Assumptions used in example:
The
original annual cost of insurance is
$6,000 and any cost savings are
invested in a tax-deferred account
for 30 years at and average return
of 9% to estimate the true
opportunity cost of higher insurance
premiums |