Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  Cincinnati Financial Corporation    CINF

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets
The feature you requested does not exist. However, we suggest the following feature:

Cincinnati Financial : Life insurance can protect family from college debt

share with twitter share with LinkedIn share with facebook
share via e-mail
0
07/20/2017 | 04:13pm CEST

As college graduates take the next step, one thing is often left out of the process - life insurance. Young adults often carry debt with them into the working world, whether from student loans, car loans or credit card debt.

If you are a recent graduate, have you considered what could happen if you were no longer around to cover your loan payments? Would your loved ones struggle to make ends meet?

Many people do not realize that - depending on their loan agreement - their spouse, cosigner or estate might be responsible for paying off student debt. A 2016 LIMRA study found one in three households would have immediate trouble paying daily living expenses after the death of a primary wage earner. This need tends to be compounded for young adults who are not financially established in life. Most people are not expecting to cover the loan payments and final expenses of a young relative, but tragedies can happen, and life insurance can provide the financial protection to cover these costs while a family grieves.

Through the purchase of a term life insurance policy, a young adult could obtain coverage to fit their stage of life. Term life insurance offers a level death benefit for a guaranteed period of time ranging from 10 to 30 years. Furthermore, an applicant can usually obtain the most cost-effective coverage while still young. Term life insurance is an ideal product to protect a new professional's family from financial distress in the event of an untimely death.

And it probably costs less than you think. Term life insurance tends to be the least expensive coverage option for an individual. A 2017 Insurance Barometer Study indicated that four in 10 millennials overestimate the cost of term life insurance by more than five times the actual cost. Even with a tight budget, term life insurance can provide the necessary coverage to protect one's family.

Contact your local, independent life insurance agent to find coverage that works for you.

Share This Blog:

Share This Blog:

Cincinnati Financial Corporation published this content on 20 July 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 20 July 2017 14:13:05 UTC.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on CINCINNATI FINANCIAL CORPO
07/20 CINCINNATI FINANCIAL : Life insurance can protect family from college debt
07/18 CINCINNATI FINANCIAL : Go out and play! Plan for a camping experience
07/13 WHEN YOU LOAN YOUR COLLECTION : Tips to reduce risk
07/11 DANGER UNDERFOOT : Don’t procrastinate when it comes to safety
07/06 CINCINNATI FINANCIAL : Schedules Webcast to Discuss Second-Quarter 2017 Results
07/06 CINCINNATI FINANCIAL : Plotting the popularity of pickleball(say that fast 10 ti..
06/30 WMIH : Technical Insights on Insurance Stocks — WMIH Corp., Arch Capital, ..
06/29 CINCINNATI FINANCIAL : Don’t let foodborne illness be unwanted guest at yo..
06/27 CINCINNATI FINANCIAL : Construction a critical time for fire protection
06/22 CINCINNATI FINANCIAL : How much life insurance do I need?
More news
News from SeekingAlpha
07/20 Ranking The Dividend Aristocrats By Risk-Adjusted Returns
07/17 How To Harden Your Dividend Growth Portfolio Against Dividend Cuts
07/17 How To Retire At 60 With Four Greedy Cats
07/12 MY K.I.S.S. DIVIDEND PORTFOLIO : 2nd Quarter 2017 Update
07/11 Should Retirees Worry About Dividend Cuts From Dividend Aristocrats?
Financials ($)
Sales 2017 5 742 M
EBIT 2017 466 M
Net income 2017 584 M
Debt 2017 -
Yield 2017 2,70%
P/E ratio 2017 21,98
P/E ratio 2018 23,00
Capi. / Sales 2017 2,12x
Capi. / Sales 2018 2,27x
Capitalization 12 197 M
Chart CINCINNATI FINANCIAL CORPO
Duration : Period :
Cincinnati Financial Corpo Technical Analysis Chart | CINF | US1720621010 | 4-Traders
Technical analysis trends CINCINNATI FINANCIAL CORPO
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 7
Average target price 73,8 $
Spread / Average Target -0,35%
EPS Revisions
Managers
NameTitle
Steven J. Johnston President, Chief Executive Officer & Director
Kenneth W. Stecher Non-Executive Chairman
Michael J. Sewell Chief Financial Officer, Treasurer & Senior VP
John J. Schiff Director
Thomas R. Schiff Director
Sector and Competitors
1st jan.Capitalization (M$)
CINCINNATI FINANCIAL CORPORATION-2.23%12 197
BERKSHIRE HATHAWAY5.48%423 153
THE TRAVELERS COMPANIES1.76%34 807
THE ALLSTATE CORPORATION20.37%32 522
TOKIO MARINE HOLDINGS INC-0.67%32 066
SAMPO OYJ10.38%30 187