Life insurance provides peace of mind knowing the financial effects of unexpected or untimely deaths are covered. This means not leaving a financial burden behind. For those with families, life insurance helps protect loved ones from bills, lost income, transferred debt, or other financial hardships.
Life insurance is really about protecting those who depend on you for financial support. Several life insurance options are available including whole life, term life, universal life and key man life insurance. It’s important to re-evaluate life insurance needs annually.