Life Insurance provides security for all types of situations. Life insurance can be a crucial step in planning for your future and your family’s future. It can also be critical for protecting a growing business to by retaining key employees or by insuring the business in the event of a loss of one of those employees.
For individual life insurance, the death benefit is income-tax free and can be used to cover funeral expenses, repay debt, provide education, pay estate taxes or any other expenses your survivors may incur. Group life insurance, while not necessarily tax free, can be purchased at very inexpensive rates and can provide employees with a significant amount of protection creating a great level of value.