Life insurance provides a death benefit, money that your beneficiary or beneficiaries can use for whatever purposes they choose, helping to:
* Pay your last expenses, which may include estate taxes and burial costs
* Replace your income and helping to maintain your family's standard of living
* Protect your family's home by enabling them to pay off the mortgage and other debts
* Pay others to do some of the tasks you do routinely, such as caring for an aging relative or a child, maintaining the yard or home, etc., or having the option to take time to do these things him- or herself
* Ensure a child can go to college
* Provide supplemental retirement income for your spouse or partner
* Provide funds to help settle an estate
* Pay expenses incurred to keep your small business in the family
http://www.prudential.com/
Subscribe to:
Post Comments (Atom)
liability insurance
12 August 2011 at 21:59
All the points are good enough to justify the need and value of making a life insurance scheme. Also its the best solution to ensure the financial security of our family and to sustain a better life in case of any mishap or disability.