According to a survey from
Northwestern Mutual, the majority of Americans think life insurance is only
meant to pay final expenses or provide for survivors. But in actuality, life
insurance can offer many other benefits while you are alive, such as:
- Paying for college
- Taking out a loan
- Funding charitable contributions
- Paying mortgages and debts
- Paying estate taxes
- Creating an estate
- Providing a cash flow in retirement
- Equalizing an inheritance
Click
here to download more on the study’s findings.
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