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Proceeds from a life insurance policy can step in to pay the bills when income from the insured is lost due to death.
The death of a loved one is hard enough without having to worry about your funeral costs, which can be well over $10,000.2
A family may lose their home if a life insurance death benefit is not available to help pay
Over time, as people age, premiums increase. The best time for you to buy life insurance
You can leave more money to your family with a life insurance policy as part of your estate.
You can realize tax advantages by utilizing policies that build cash value.
College is expensive. Life insurance proceeds can help ensure that college loans are paid even if you aren't there to help.
Needs change over a lifetime. You may want to look for a different type of policy or lower premiums to suit new life circumstances.
Employer-provided life insurance alone may not be adequate to cover your family's
When an estate is inherited, certain taxes must be paid. Life insurance may step in to cover your estate costs.