Life Insurance

Life Insurance is most commonly used to financially protect your family from the premature death of you and/or your spouse. Unfortunately, it's probably the least favorite thing to plan for. And, as a result, adequate planning is often put off until it's too late.
Although it may sound simple, there are many things to consider. There are many ways to protect your family with life insurance. So, consulting with a Life Insurance Professional can be vital!

Not Only For Family Protection
Life insurance planning is not only for those who support a family. There are several reasons for thorough life insurance planning. For example, have you recently purchased a new home? Have you recently been married? Have you made career changes? Other key purposes of life insurance include retirement and estate planning.

Life Insurance Proceeds & Taxes
Many people don't realize that even though life insurance proceeds are paid income tax-free to the beneficiary, there's a good chance the proceeds will be included in the value of your estate which may be taxed.

I Have Life Insurance Through Work
People often make the mistake of assuming their employer-provided life insurance is adequate. However, employer-provided life insurance is typically only equal to one year's salary...far from enough for the family provider to protect his/her family adequately, and not enough for the average single person to repay outstanding debts – often leaving parents and siblings dealing with such bills.