Providing for loved ones after life has ended.
Life insurance is the one form of insurance policy that has nothing to do with protecting the insured, but financially protecting their beneficiaries if they die. There are several different kinds of life insurance, and not all policies are right for every client’s individual needs and situation.
Life insurance is important to different people for different reasons. Some people may opt to never have life insurance at all. Depending on your client’s financial goals and family situation, some policies may be a better fit. If your client is afraid of leaving behind a large debt or taking a safety net away from beneficiaries, her or she may want to consider buying life insurance.
Purchasing life insurance gives your client a variety of options, including the following: