Life Insurance

The Value Of Life Insurance

Life insurance is an important part of planning for your future and the future of those you love.  It can fulfill promises made to your family if you are no longer around.  It can also provide benefits during your lifetime.

Advantages Of The Death Benefit

	Provides income tax-free funds to your beneficiary(s), which they can use for funeral expenses, debt, tuition or any financial need you leave behind.
	Can secure a business by enabling partners to buy out a deceased partners interest and avoid a forced liquidation.

Advantaged Of Living Benefits

	The cash value of permanent life insurance grows tax-deferred; it is liquid and can be used for various needs or opportunities that may come along.
	New policies can include benefits for long term care, which will allow you to use the death benefit of your policy if you have health care issues in the future.

Assessing Your Need

The amount of life insurance you select should be based on your personal and financial needs.  We can help you in determining an appropriate amount of coverage and deciding on the best type of policy for you.  Typically, you should consider life insurance if you have:

	A spouse
	Dependent children
	Aging parents or a disabled relative who depends on you for support
	Retirement savings that is not enough to provide your spouse with a secure future
	A business
	A sizeable estate

Life Changes

It is a good idea to review your life insurance when your life changes, such as, marriage, divorce, a new baby, buying a new home or retirement.