Life insurance planning $-$ An overview

Planning for the Inevitable

It can be difficult to grasp that someday you will die. Even if you can't imagine it$,$ don't know when it will occur, and might not even want to think about it$,$ you can still plan for it$,$ at least in financial terms. The uncertainty of when you will die can pose a financial risk for your survivors. Under all grad circumstances, buying life insurance mitigates this risk.

Term life insurance pays benefits only if the insured person dies within the time period $($term$)$ covered by the policy. Cash$-$value life insurance policie: pay benefits at death, but they also include a savings$/$investment element that can provide benefits to the policyholder prior to the death of the insured person.

The longer you live, the more retirement. $q,$

$q,$ during is the best way to address your financial needs as you age.

The risk if $y$ Buying life insurance for yourself support. $q,$ Investing through tax$-$sheltered retirement savings plans $q,$ for those who depend on you for financial die. ille tisuratice ques this dest. financial advisors recommend buying $q,$ me insurance costs about $80\%$ more than