Life insurance is simply protection to ensure that your family will have financial security when you die. If something should happen to you, how will they be able to continue doing the things they take for granted, like live in a nice home, continue their education, or create a retirement nest egg without you? Life insurance can help to provide the answer.
In this section, we'll help you begin to think about Life insurance. We'll take a look at the two basic types of Life insurance, how to achieve an appropriate level of Life insurance, how to read your policy and address typical planning concerns. All designed to provide you with a framework for considering how much life insurance you need.
Protect your family in the event of your untimely death
There are many reasons for purchasing life insurance among which are the following:
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