Why Buy Life Insurance?
Life insurance serves various purposes, but most people purchase life insurance to protect loved ones in the case of an unexpected death. Did you also know that life insurance can serve as a supplemental source of income during retirement? The benefits of life insurance can create a sound financial foundation for your future by helping:
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A spouse pay off their mortgage
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A child pay for their education
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A spouse continue to stay at home even after the loss of an income
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A business to continue operating
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To create a potential source of tax-free income during retirement