Why Buy Life Insurance?

So....who needs life insurance?  Honestly, not everyone needs life insurance.  But the perspective on it, is that those who can't afford it don't get it.  That's exactly the opposite of reality.  Those who need it the most are the ones that don't think they can't afford it. 

Who needs Life Insurance?  Well, life insurance is a tool that will leverage your dollar when you need it the most, and by you, I mean your family, dependents, spouse, significant other, etc.  With the exception of some cash accumulating policies, Life insurance won't help YOU, it will however help others immensely in the event of an untimely passing.  

Typical reasons to buy life insurance:

• Mortgage Protection
• College expenses
• Replacement income
• Final Expenses
• Charitable Contributions
• Wealth Transfer
• Pay Off Debts
• College Funding
• Building a Nest Egg

The type of life insurance that's best suited to the individual will vary based on their need.  So I recommend sitting down with your agent, or finding an agent that's been in the business for a while, and having a candid conversation about where you are in life, and where you want to be, so you can develop a plan that meets your long term financial goals and objectives