Who Needs Life Insurance?
Readers Question: “Who needs life insurance?”
Answer TO Readers Question: If there are individuals who depend on you for financial support, or if you work at home providing your family such services as child care, cooking and cleaning, you need life insurance.
Older couples may need life insurance to protect a surviving spouse against the possibility of the couple’s retirement savings being depleted by unexpected medical expenses.
If you are an individual with substantial assets you may need life insurance to help reduce the effects of estate taxes or to transfer wealth to future generations.
Category: Uncategorized
Recent Comments