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>>Robert K. Dellenbach: You might want to consider life insurance as part of your financial
and retirement plans. As you know,life insurance can pay an income tax-free benefit
to your loved ones upon your death. The benefit can help your loved
ones with any number of expenses, including: paying your last expenses, such as state taxes
and burial costs; replacing your income and helping to maintain
your family's standard of living; protecting your family’s home by
paying off the mortgage and other debts; paying others to take care of various tasks, such
as caring for an aging relative or child, or maintaining the yard
or home; ensuring a child can go to college; providing supplemental
retirement income for your spouse or partner; providing funds to help settle an estate;
and paying expenses to help keep your small business in the family. Most
people, businesses, and estate plans have life insurance, but
as a financial asset, they seldom evaluate or appraise it. This needs to change. Statistics
compiled from several thousand reviews indicate that nearly 70%
of all life insurance policies can be significantly improved by finding
better pricing and newer policies with better guarantees. A review of your policy could
benefit you.