Life Insurance is probably the most misunderstood product on the market today. Even though it has been around for over 150 years most people are ignorant as to what it can accomplish in their life and retirement planning.
Where Life Insurance can be used:
Provide assets to heirs that you have not had time to accumulate, , tax-free
Fund College education, tax-advantaged
Provide dollars for major purchases, tax-advantaged
Provide Tax-Free Income for retirement
Provide dollars to pay for funeral, final expenses and taxes, tax-advantaged