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When to Consider Life Insurance

Anyone with a financial commitment, family obligation, small business, or a desire to leave a legacy for their children, grandchildren, or charity should consider buying life insurance.

In fact, major life events are natural times to consider life insurance or to re-evaluate any life insurance coverage you may already have.

The profiles below highlight a few of the many times in life when purchasing life insurance, or revisiting your current policy, makes sense. Look to a financial professional for other ideas on how life insurance can help give you and your loved ones added peace of mind.


Protect Your Business

As a business owner, you have a lot to protect—your business, your employees, and your family. Life insurance is often purchased for personal financial protection, but can also help with three key areas of business planning:

Your licensed financial professional can work in conjunction with your attorney, your accountant, and other advisors to help you with arrangements that address these key areas of business planning. Be sure to consult with your tax and legal advisors before implementing any business planning strategy. Read More