Marriage complicates finances, and you’ll feel better knowing your significant other has a safety net for any shared debt or future financial plans.
Whether you’re paying for diapers or college tuition, kids are expensive. A life insurance policy ensures they’re taken care of from cradle to college.
Mortgages are the biggest, longest-lasting debt most people will incur. A good rule of thumb is to have a life insurance policy that lasts as long as your mortgage. It's not uncommon for a policy to last 20 or 30 years.
A smart business owner will have an insurance policy so their partners can keep the company going even after they’re gone.
Did you know that your parents may be on the hook for your debt if they co-signed your student loans? Anyone with co-signed debt should consider life insurance, even if they’re young.