||What is Life Insurance?
We all have a responsibility to protect those who depend on us with a sufficient amount of life insurance protection. Life Insurance is the cornerstone of your family's financial security. It can provide those who are left behind with a lifetime of financial security.
There are two basic types of life insurance available on the market today, Term Life Insurance and Permanent Insurance.
Why do we need this?
Provide security for your family
Protect your home mortgage
Take care of your estate planning needs
Look at other retirement savings/income vehicles
Who needs it?
If someone depends on you financially, chances are you need life insurance.
Life insurance provides cash to your family after your death. This cash (known as the death benefit) replaces your income and can help your family meet many important financial needs like daily living expenses, mortgage payments and college savings. What's more, there is no federal income tax on life insurance benefits.