That’s a great question and a question that many people neglect to carefully consider. In a nutshell, you need life insurance if anyone at all that depends on you would be put in a bad financial situation if you were to die. It wouldn’t be too far off to say that 99.9% of all married […]

The death of a family member or a loved one can be difficult because it not only involves suffering and a whirlwind of emotions but also because there are often many expenses that come with passing away. You will have to pay for funeral expenses, medical bills and other related costs. However, if the deceased […]

In all ordinary situations the death benefit from a life insurance policy is income tax free. Be sure to note that all death benefits received are income tax free – meaning that they can still have estate tax (death tax) and transfer tax ramifications (especially for larger dollar value estates). The first sentence of this answer will […]