Monday, October 19, 2015

Americans missing the mark on life insurance benefits

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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