Life insurance should be an essential part of any financial plan. Its primary purpose is to provide your loved ones with the protection needed to ease the financial burden of death. In this capacity, the proceeds can be used to help meet your children's college expenses, help ensure a comfortable retirement for your spouse, or assist with the payment of any outstanding debt.
In addition to providing the necessary death benefit, certain policies offer income tax-deferred cash value accumulation potential, providing you with a possible funding source for future needs.
