Life Insurance
Life insurance can be used for many purposes; paying off debt, providing income for family left behind, passing on other inheritances such as homes, land or businesses so they don’t have to be sold to pay taxes or debt. Life insurance is one of the most cost-effective safety nets available to families seeking to provide financial security in the event of an unexpected death. Life insurance can give you a large amount of coverage for a low monthly cost. With life insurance, the death-benefit payout is guaranteed and tax-free.
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