Life Insurance Provides Financial Security for Growing Families

16:05 08 September in News

Term insurance is a relatively inexpensive form of life insurance that provides financial security for growing families.  It is very important for young families that have not been able to accumulate a lot of savings to buy life insurance.  Proceeds from the policy create an estate for the benefit of the surviving spouse and children.

A healthy 35 year old can purchase a 20 year term life insurance policy with a $1,000,000 death benefit for about $1.20 per day and sometimes even less!  So even if the family has very little savings, if the insured dies, the family will receive a $1,000,000 benefit that is estate tax free!


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