The Life Insurance Policy and What You Need to Know Before You Buy
Looking for a life insurance policy? Then, be careful… because life insurance is difficult to understand. It’s easy to be conned into buying something under false pretenses.
Recently a prominent life insurance company together with several of its agents paid a huge fine because it permitted the sale of a life insurance policy disguised as a retirement plan.
Little attention was paid to what a life insurance policy is truly designed to provide.
Life insurance is not an investment for your benefit. It’s guaranteed income tax-free cash paid to someone you designate in the event of your death.
If you deeply care for someone and want to protect them, then buying a life insurance policy makes sense.
Are you the primary bread winner in your family? Well, your lost income could have horrible consequences and jeopardize the ability of those you love to continue to enjoy their standard of living.
The only way to guarantee an immediate replacement of this money is with the intelligent purchase of a life insurance policy.
Notice I didn’t say...
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