Family
Life insurance is an important component to financial planning.  People purchase life insurance to replace income due to the death of the insured.  This benefit can provide cash to protect the family members from debt after the death of the insured. It also can provide additional financial security to the dependents of the insured. 

The advantage of owning a life insurance policy is to offer “peace of mind” to the family. The death of the provider will not result in financial hardship for the family members.


Types of Life Insurance
Life-Long Term Care: Hybrid Insurance