Life insurance can provide "income replacement" so that your family can continue to pay everyday expenses.
A policy could cover the support payments that a divorced parent makes.
Life insurance would cover the cost of paying for services the parent does for "free," such as child care.
Life insurance can ensure the child will have financial support no matter when a parent dies.
Life insurance could cover the cost of the debt.
Life insurance can cover mortgage payments, so your family doesn't have to move if you die.
Small life insurance policies can pay for your funeral and final expenses.
If you don't have a lot of wealth, life insurance can provide a small inheritance to heirs.
Life insurance with a cash value component can provide a supplemental source of retirement savings.
Life insurance can pay off business debts if you die, help heirs to the business pay off estate taxes, or fund a buy-sell agreement that allows a business partner to buy out your share.
Life insurance can provide funds for heirs to pay estate or inheritance taxes.
Life insurance with a cash value component can provide a supplemental source of retirement savings.
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