Insurance transfers the financial risk of life's events to an insurance company. A sound insurance strategy can help protect your family from the financial consequences of those events. A strategy can include personal insurance, liability insurance, and life insurance.
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It may help your business be better prepared in the event of the death of a principal or key employee.
Whole life insurance can help to diversify a financial portfolio.
Life insurance proceeds are generally tax-free. But not in all cases.
Take these five steps to protect your financial well-being before making any other changes.