Life insurance is primarily used to protect your family from any financial effects in the event of you or your spouse’s premature death. However, this is not the only reason to safeguard your family with life insurance.

Key Purposes for Life Insurance

  • New Home
  • Recently Married
  • Career Change
  • Retirement
  • Estate Planning

Life Insurance Proceeds and Taxes

There’s a chance that proceeds will be included in the value of the insured’s estate, which could be subject to estate taxation.

Employer Provided Life Insurance Isn’t Always Enough

Your employer’s life insurance plan may not be adequate enough to protect your family and allow them to pay off any outstanding debts. As employer-provided life insurance is usually only equal to one year’s salary.

Give me a call today at 239-834-3788 to discuss what Life Insurance plan is best suited for you!