Life Insurance

 Certain types of life insurance, such as whole life or universal life, build cash value over time that can be borrowed against if needed. 

 The payout can be used to settle outstanding debts, such as mortgages, personal loans, and credit card debts, reducing the financial burden on your family.
 

 Policies can help fund your children’s education, ensuring they have the resources needed for college or other educational pursuits. 

 Life insurance provides a safety net for your family, ensuring they are financially protected in case of your untimely demise. 

 Life insurance can replace lost income, helping your family maintain their current standard of living and cover everyday expenses.
 

 The death benefit paid out to beneficiaries is typically tax-free, making it an efficient way to pass on wealth.
 

 The death benefit paid out to beneficiaries is typically tax-free, making it an efficient way to pass on wealth.