There are numerous reasons why life insurance may be needed and countless ways it can be utilized, just to name a few:
- Mortgage Protection
- Debt Repayment
- Income Indemnification
- Educational Funding
- Collateral Assignment Required For a Bank Loan
- Stipulation of a Divorce Decree
- Buy-Sell Agreement Funding Between Business Partners
- Executive Benefit & Employee Retention Tool
- Estate Tax Planning
- Tax Efficient Intergenerational Wealth Transfer
- Legacy Planning
- Charitable Donations
- Trust Funding
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