Life insurance is designed primarily to protect your family’s financial security after you die. But your needs change and some types of insurance can offer you access to assets to meet needs during your lifetime. So it’s a smart addition to any financial plan — because it can serve different functions within your overall investment strategy.
Security for your family should something happen to you
Life insurance can help:
- Pay debts and taxes after your death
- Allow your family to maintain its standard of living
- Support your dependents’ goals and dreams
- Provide immediate access to cash