What can life insurance be used for?

Life insurance = protecting your income.
The best time to buy life insurance is now.

Life insurance is about protecting your loved ones. One advantage of life insurance is it is tax free for the beneficiaries.

Life insurance can be used to:

Pay off debts, for example, a mortgage or credit card debt.

It can help to keep a certain standard of living for those who are dependent on you.

You can leave an inheritance to your family.

It can help pay for estate fees and burial expenses. Many forget that there is a cost to death. For example, if you leave a cottage to someone, they will have to pay tax on that.

What every your beneficiaries want. This is good because it gives them control.

Every significant change in life should bring an evaluation of your life insurance needs.

Do you have any questions?

Are you looking for life insurance or like an evaluation of what you have?

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