Life insurance
In the event of death, life insurance may offer surviving family members increased financial security. As a tax-free lump sum payment, it may pay for final expenses and debts, as well as provide income for the deceased's dependents.
The advantages of life insurance may include:
- An instant estate for your loved ones at a time when funds may be needed
- Death benefits that are almost always non-taxable for named beneficiaries
- Avoid probate costs if you name a beneficiary other than your estate
- Potentially offer your loved ones creditor protection through some life insurance plans
- Build tax-advantaged capital for retirement purposes or provide liquid savings through some permanent life insurance plans
We can help you select coverage from a variety of life insurance options to help meet the needs identified in your financial security plan.
Life insurance may play a vital role in your financial security plan - contact us today to find out how.