Friday, August 17, 2007

Life Insurance: Tell Me About It And How It Works ?

Life insurance offers you an opportunity to ensure the financial security of your family and loved ones, no matter what happens. Life insurance can be used to: * Pay off any final expenses or personal debts like credit cards, car loans or a mortgage * Offset the loss of your income for those who rely on you for financial support * Contribute to the future education of your children * Protect your estate by helping to pay the taxes due on an estate upon death * Leave a legacy to your favourite charity Who should buy life insurance? The purchase of life insurance is often associated with major life events like getting married, buying a home, or having children. However, if these don’t apply to you ask yourself the following questions. If you answer yes to any of them View the rest of this article


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