Decide If You Need Life InsurancePosted October 23, 2019 in General
Life insurance can help your loved ones deal with the financial impact of your death.
The death benefit paid from a life insurance policy is a tax-free, lump-sum amount that can be used to:
– Replace your income so your family can maintain their standard of living
– Provide for your children or dependents
– Pay for funeral expenses
– Pay off your debts
– Make a gift to charity
– You may also choose to leave the money to your estate or to a trust
Learn more about the protection and peace of mind that a life insurance policy can provide for you and your family. The Hull Group can help.