Life & Health

L&H PLATINUM

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L&H Gold Plus Live

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L&H Gold Plus

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L&H Gold

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L&H Silver

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L&H Bronze

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Property & Casualty

P&C PLATINUM

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P&C Gold Plus Live

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P&C Gold Plus

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P&C Gold

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P&C Silver

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P&C Bronze

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Adjusters

GOLD Adjusters

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PLATINUM Adjusters

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L&H: 4 Personal Uses For Life Insurance

Woman with headphones studying in front of a laptop while making notes in her notebook and big wording: Study Notes

Four Personal Uses For Life Insurance

Survivor Protection: The most common one is making sure your family, the ones you leave behind if you die will be financially ok. A married couple can buy policies were their spouse is the beneficiary. If one dies, the spouse that is left will get the tax-free check from insurance and have time to grieve without the stress of working, paying bills, etc. This is especially important if they have children to take care of.

Estate Creation: Means you can be dirt poor, but as long as you pay your premium, when you die, you can leave your family money.

Estate Conservation: Is the opposite of that, you have money, you have assets to leave your family but upon death you they will have to pay taxes and may have to sell off some assets to afford it. By having life insurance, you can use the money to pay the taxes and keep the estate intact.

Cash Accumulation: Is a benefit of whole life, you can save money for your own death, but have the ability to use it if needed while alive.

Liquidity: Is also a part of whole life, if you ever need to stop paying the premium, the money is still yours.

Recommended: Gold

The GOLD Course is ALWAYS the recommended class series for all students as it teaches the material in more depth. Over 30 hours of the most in depth classes with a more intensive teaching of the topic. Learn more about L&H GOLD

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