trevorlawrence
03-15-2010, 01:28 AM
There is no law that says you must have Life Insurance, but many people do consider it a vital aspect of financial protection. It can provide some financial peace of mind if the worst were to happen. Many people simply want it to help provide a tax-free lump sum for their family or relatives if they were to die.
Another frequent use is to repay a Mortgage if the mortgage holder were to die. Taking out life insurance ensures that you can be certain that your mortgage will be completely paid off if you die during the policy
Another frequent use is to repay a Mortgage if the mortgage holder were to die. Taking out life insurance ensures that you can be certain that your mortgage will be completely paid off if you die during the policy