People buy life insurance because too often most of their other plans fail. They buy it because they realize the need of protection for their families after their death; or for a reserve for emergencies and additional income for later years.
“With premiums for term life insurance at their lowest in years, you can get the right protection and a great value.” Consumer Reports. More on term life insurance information!
Did you know that a life insurance policy can:
Provide cash and income needs on and immediately following death such as unpaid bills and taxes and other obligations.
Prevent a family’s suddenly dropping from its accustomed standard of living after the death of the breadwinner.
- Provide continuous flow of funds for the living spouse.
- Allocate income funds for the children’s education.
- Provide a retirement income throughout old age.
- Provide a reliable savings plan for the future.
- Supplement income when earning power is destroyed by illness of accidents, such as covering medical expenses.
- Furnish surplus earnings for the investors should disaster strike.
The bottom line is this: While Life Insurance is not always the insurance product at the forefront of your thoughts, Life insurance is always a friend in time of need.
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