Families and businesses use life insurance for a multitude of reasons. It is often an essential part of an estate plan. When investing in life insurance, you always have to make the permanent life insurance versus term life insurance decision. There are many cases in which term insurance is appropriate. Why? Read on. Why Life Insurance? Life insurance is used for several purposes: Create an estate Replace income Equalize an estate Pay taxes Fund a buy/sell agreement What’s the … [Read more...] about Life Insurance Considerations: Why Term Insurance?
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