Life insurance is a crucial element of financial planning, but far too many people overlook it. Maybe they don't want to think about the circumstances that might lead to their heirs using it, or maybe it just seems so complicated. Don't fret, though — life insurance isn't nearly as complex as it looks.
Do you think of life insurance as a way to defray the costs of your funeral? Plenty of people do, perhaps because when employers or unions offer life insurance as a benefit, they tend to offer just enough to cover a funeral. However, the purpose of life insurance is far greater than that. It is one of the best way to give your dependents a safety net if you die unexpectedly.
Receive updates on the latest news and alerts straight to your inbox.
This site offers information designed for educational purposes only. The information on this Website is not intended to be comprehensive, nor does it constitute advice or our recommendation in any way. We attempt to ensure that the content is current and accurate but we do not guarantee its currency and accuracy. You should carry out your own research and/or seek your own advice before acting or relying on any of the information on this Website.