Life Insurance
Reasons To
Consider Life Insurance:
Final Expenses
You may not want to think about it, but you may fall ill and incur high medical bills. Not only that but when you do pass on, there are funeral expenses to think about. There are types of insurance to cover these unfortunate costs.
Inheritance
You want to enjoy your retirement, and still leave behind an inheritance for your loved ones. What if you could use your savings to support yourself, knowing that your policy was there to cover your beneficiaries? What would you do with that extra money?
Estate Taxes
If your estate is valued over a certain amount, your heirs could face up to 40% in estate taxes after you pass away. If you would like to try and minimize (or even completely eliminate) this tax, then life insurance could be the answer.
Create Savings
Depending on the type of insurance, your policy could act like a savings account, funded by your premiums. The insurance company will also add to that savings, through dividends.
We Can Help You Navigate Your Life Insurance Options
There are many different types of insurance products to choose from. Which one fits your situation the best? At Networth Financial, we know that providing for your family is one of the most important things you plan for. Set up a no-obligation meeting with us, so we can answer any questions you may have about life insurance.