For better or for worse, your family is there for you. You want to make sure you’re there for them even after you’re gone. Having the right life insurance policy makes that possible.
Provide Income
Life insurance eases the financial burden that your family will feel in the event of your death. It can cover funeral expenses, pay off debts, and help with day-to-day expenses like housing and food. Life insurance can also help with long term planning, like college tuition or retirement.
Cover Household Needs
The financial value of a stay-at-home parent is greatly underestimated. It’s important to make sure that they’re insured, too. Life insurance helps you pay for essential household services covered by the stay-at-home parent, including household chores, transportation, and childcare.
Benefits to Use During Your Lifetime
A cash value whole life insurance policy can help you buy a house, pay for a wedding, or even fund college tuition. That’s because cash value builds while you pay the premiums of your whole life policy, and you can access those funds during your lifetime.
Leave a Legacy that Lasts
Life insurance helps you create a financial legacy, allowing you to fund the future and encourage dream-following long after you’re gone. The legacy you leave behind is completely up to you.