Regardless of the type of life insurance you buy, it can be very helpful in the long run.
Young adult—life insurance can help take care of burial expenses OR pay off debts that you’ve incurred. Life insurance is least expensive when you buy it young so it is a great “plan ahead” option as well!
Young families to middle age—life insurance can help protect your family from a loss of income if you die OR pay off debts that you’ve incurred so that they don’t have to.
Retired adult — life insurance is helpful vehicle to transfer assets to your heirs without taxation. All life insurance proceeds are distributed tax-free to the beneficiary. The younger and healthier you are when you buy it, the cheaper it will be.
CONTACT US to explore whether life insurance is needed in your overall plan.