LIFE INSURANCE

Life insurance is one of the most flexible financial tools available anywhere. Common misperception is that it is primarily for catastrophic family protection. In fact, life insurance serves many other purposes: the potential accumulation of cash values, death benefit protected from litigation, and liquidity for estate tax obligations, amongst others. Life insurance also contains numerous riders that can be tailored to your personal situation, and there are even multiple payout options, one of which may be tax-deferred distribution during retirement. Improved mortality tables are also allowing companies to introduce numerous new life insurance contracts and features, so it is always worth reviewing older policies as part of keeping your financial plan current.

Download the Life Insurance Checklist

Sometimes you don’t get a second chance to provide for the ones you love. How important is life insurance to you?