Life Insurance

Term/Permanent Insurance 

Life insurance offers vital financial protection and peace of mind by providing a tax-free lump-sum payment, known as a death benefit, to designated beneficiaries in the event of the policyholder's passing. This benefit can help cover funeral expenses, outstanding debts, mortgage payments, daily living costs, and even future expenses like college tuition. Life insurance can be especially important for families who rely on the policyholder’s income, helping them maintain financial stability during a difficult time. Additionally, some life insurance policies can accumulate cash value over time, offering potential savings or borrowing options. Overall, life insurance is a key component of a sound financial plan, ensuring loved ones are supported when they need it most.