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LIFE, ACCIDENT & HEALTH INSURANCE LINKS:
• LIFE
INSURANCE
• LIFE INSURANCE F.A.Q.
• HEALTH INSURANCE
• HEALTH INSURANCE F.A.Q.
• DENTAL
• DISABILITY
• VISION
• LONG
TERM CARE
• AFLAC |
LIFE, ACCIDENT & HEALTH INSURANCE:
LIFE INSURANCE
It's a scary thought that we would prefer to ignore, but
preparing for the future means anticipating the inevitable - death. Life
insurance can be a valuable asset to your mix of insurance coverage, especially
if you have loved ones who depend on your income. At the very least, life
insurance can cover outstanding debts and funeral costs, which can be
significant.
As a business owner, life insurance helps you:
Protect against the loss of yourself and other key employees.
Plan ahead for who will purchase the business from your heirs.
Ensure that your heirs will receive full value of your business.
As an individual, life insurance helps you:
- Replace your income upon your death.
- Pay mortgages, loans and debts.
- Fund your children’s education.
- Provide an emergency fund.
- Create an estate for your heirs.
- Give to your favorite charity when you die.
- Provide investment possibilities.
- Fund estate taxes.
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