How Life Insurance Fits into One’s Financial Strategy
There’s often a misconception that life insurance only serves to provide for loved ones in the event of death. While a life insurance policy certainly does that, it also has the potential to integrate as part of an overall strategy. Life insurance can help manage risk and protect against the potential financial fallout from unexpected events. Here are five ways that life insurance may fit into a financial strategy.
How Much Life Insurance Do You Need?
Life insurance is a financial safety net that provides a death benefit to beneficiaries after death. However, the question arises: How much life insurance do you need?
Is Variable Life Insurance Appropriate for You?
When considering life insurance options, weighing all factors before deciding is crucial. One such option is variable life insurance. This product combines protection with an investment component, which may appeal to individuals who are comfortable with market risk and are pursuing long-term financial goals. However, it is not appropriate for all investors. Here’s what to know before buying a policy.