This week’s article may help you to think about why you are purchasing life insurance.
There are several different reasons why you would purchase life insurance:
- To pay your final expenses
- To create an inheritance
- To make a charitable donation
- To replace the income you have now (combined with other sources of income) to support your dependents
Once you understand why you’re purchasing life insurance, that helps you determine how much life insurance you need.
Contact us if you need assistance in navigating this and ascertaining how much life insurance you need for your specific situation. We’re always here to help.