Looking for financial protection for the people who depend on you that will last as long as you live? Permanent life insurance might be the answer.
Whether you’re looking back on your life or dreaming of your future, some milestone moments may come to mind: graduating from school, buying your first home, raising your children. Whatever the milestone, you can usually count on the need to plan ahead. Your diploma may leave you with a student loan that your parents have co-signed. That beautiful home comes with a mortgage that you need to pay down. And your kids will depend on you for all sorts of living expenses – for quite some time.
There’s a lot of responsibility attached to milestones. This is where life insurance can give you a helping hand.
Why is life insurance important?
Life insurance can help protect your family financially. The death benefit – that’s the amount of money paid or due to be paid when an insured person dies – from a policy can help your family cover expenses like funeral costs, child care and tuition, home maintenance, estate and legal fees and any outstanding debts and bill payments. It can also help give your family financial assistance after you’re gone.