One of the age-old questions is whether or not to buy Life Insurance. The theories for and against are numerous. Some say definitively “Yes,” while others are a staunch “No.” The truth of the matter is, like most decisions, one size does not fit all. There are many reasons to invest in Life Insurance, many reasons that you may not have considered.
Life Insurance can provide:
• A way to have Long Term Care protection if needed
• A way to build up equity that can be borrowed
• Protection for mortgage or college debt in case of an unexpected death
• A way to leave a legacy for future generations
• A means for planned giving