Life Insurance

Generally speaking, life insurance is a form of coverage that pays benefits after someone’s death or disability. In exchange for
premiums paid in the present, the policy holder receives the confidence that a more substantial amount of money is going to be
accessible in the future to help his or her beneficiaries pay financial obligations and funeral costs. Some forms of life insurance may also be used as a tax-deferred investment to provide funds during a person’s lifetime for retirement or everyday living expenses.