Life insurance is financial protection for a group or individual in the event of death to another. For example, this could mean financial protection for a child if a parent should die. Or it could mean financial protection for a business owner in the event of death to another owner or key associate. Life insurance protection is important and the need, type of program and amount of coverage varies among each individual.
When it comes to life insurance "cheap rates" isn't always the best option and paying low rates should not be your only consideration when shopping for life insurance. Consider things like the mortgage your spouse will have to pay, the cost of the kids education and/or childcare expenses, healthcare and so on. Purchasing life insurance is an important decision to make and should be thought through. That is why we encourage consulting a licensed professional to discuss your life insurance needs and help you make an informed decision for this important coverage before you buy.
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