Why it is important to have a life insurance?
Life insurance is important; as it protects your family and lets you leave them a non-taxable amount at the time of death. It is also used to cover your mortgage and your personal loans, such as your car loan.
5 Top Benefits of Life Insurance
• Life Insurance Payouts Are Tax-Free.
• Your Dependents Won't Have to Worry About Living Expenses.
• Life Insurance Can Cover Final Expenses.
• You Can Get Coverage for Chronic and Terminal Illnesses.
• Policies Can Supplement Your Retirement Savings.