Is life insurance necessary for young adults?
Yes, it’s a wise investment for future financial security and typically comes with lower premiums.
How does life insurance support family financial planning?
It ensures your family is financially secure, covering expenses like debts, education, and lost income.
What’s the difference between term and permanent life insurance?
Term insurance covers a specific period, while permanent insurance offers lifelong coverage and cash value accumulation.
Can life insurance be part of estate planning?
Absolutely, it provides liquidity for estate taxes and helps execute your estate plan as intended.
How does health affect life insurance?
Your health and lifestyle impact your premiums and eligibility, emphasizing the need for honest disclosure during application.