Life insurance helps protect the financial future of your family or business upon your death. Without life insurance, your family could be left without enough money to maintain their standard of living, pay bills or even take care of your final expenses.
In addition to keeping your family financially secure after you’re gone, life insurance can provide more than peace of mind while you’re living. Depending on your life insurance policy, you may be able to use some of the money in your cash value account to finance college, supplement retirement income, purchase a home or pay other expenses. Life insurance can provide guarantees, flexibility and have tax advantages.
There are two main types of life insurance ― term or permanent. The type that’s right for you depends on your specific short- and long-term needs, stage of life and how much life insurance you need. Life insurance premiums are lower when you are younger and healthier, so don’t wait. Consider your life insurance options today.
Choose your situation and explore how life insurance can help meet your financial goals.