As a spouse, parent, or business owner you have made a commitment to provide for your family or company. Life insurance can help protect your family, your business, and even your peace of mind by helping your family or business stay financially sound, even after you are gone.
Life Insurance Can Help Your Loved Ones or Company:
Cover final expenses
Pay estate or inheritance taxes
Pay off debts
Allow your family to meet the daily living expenses such as the mortgage, rent, and utilities.
Provide a college fund for your children
Donate funds to a favorite charity
Provide funds to help transfer your business to the next owner
Provide rewards to key employees
As your personal situations change (i.e., marriage, the birth of a child, or job promotion), so will your life insurance needs. Care should be taken to ensure these strategies and products are suitable for your long-term life insurance needs.