Life Insurance: Beyond Just Estate Planning
If you've never said, "I do," or live on your own and don't have any children, you probably think you don't need life insurance.
Most people may not realize that life insurance can provide benefits well beyond paying for funeral expenses. You'll want to consider life insurance if someone depends on your income for any number of reasons. That, of course, includes providing for children, but you could also use it to ensure your debts are paid or that loved ones receive the care they need.
No matter your personal circumstances, chances are you haven't yet put life insurance to work for you. According to LIMRA, a financial services research and consulting organization, only 59% of Americans have life insurance, and about half of those are underinsured.
Beyond just estate planning, life insurance continues to be a versatile cornerstone of financial planning strategies, offering
